Innovation in agriculture differs from innovation elsewhere in the economy in several important ways. In this chapter we highlight differences arising from (a) the atomistic nature of agricultural production, (b) the spatial specificity of agricultural technologies and the implications for...

Economic growth requires factor reallocation across firms and continuous replacement of technologies. Labor market institutions influence economic dynamism by their impact on the supply of a key factor, skilled workers to new and expanding firms, and the shedding of workers from declining and...

This study tests the importance of Ricardian technology differences for international trade. The empirical analysis has three comparative advantages: including emerging and advanced economies, isolating panel variation regarding the link between productivity and exports, and exploiting...