2 ms·
The conclusion of the actual paper doesn’t quite support your argument: “ We document that, on average, adults in the developing world work about 50 percent mor
by dannyobrien 5y ago
The conclusion of the actual paper doesn’t quite support your argument: “ We document that, on average, adults in the
developing world work about 50 percent more hours per week than adults in rich
countries. Average hours worked are higher in developing countries both for men
and for women, for all age and education groups, and along both the extensive and
intensive margins. Within countries, hours are decreasing with income on average
and particularly so in the poorest countries. In the richest countries, hours worked
are flat or increasing in income. One implication of our findings is that aggregate
labor productivity and TFP differences across countries are larger than previously
thought. Moreover, ignoring hours worked also leads to misleading conclusions
about the extent of welfare differences across countries. Put simply, residents of the
poorest countries are not only consumption poor, but leisure poor as well.”