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According to standard economic theory, households should equate the marginal revenue product of an input across …
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This paper provides evidence on the effects of agricultural productivity on wage rates, labor supply to market oriented … activities, and labor allocation between own farming and wage labor in agriculture. To guide the empirical work, this paper …-marketed services at home (`home production'). The model predicts positive effects of a favorable agricultural productivity shock on …
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from 2000 to 2010. Over the same period, the share of hired labor in agriculture decreased from 19.4 percent to 15 … agricultural productivity growth as reflected in increasing rice yield. To estimate the effects of agricultural productivity, we …, in contrast, negative and statistically significant. In a standard neoclassical model, higher agricultural productivity …
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This paper investigates the relationship between EU agricultural subsidies and agricultural labour productivity by … agricultural labour productivity, and the effect is almost entirely due to decoupled Pillar I payments. Coupled Pillar I payments …
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Measuring factor productivity has been important in economics since its early days as a scientific discipline for a … stressed that agricultural technologies approximate the key assumptions of production theory particularly well. To measure … agricultural productivity the analyst must deal with tangible (land, labour, and capital) as well as intangible (e.g., management …
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