Labor markets in all economies are subject to transaction costs associated with recruiting, monitoring and supervising workers. The level of transaction costs affects labor and land contract choices and family labor advantages. Rural labor markets in developing economies, where institutions such...

In this paper, we conduct two "counterfactual" simulations for the 30-year period 1970-2000-the first holding 1970 crop genetic improvements (CGI) constant and the second presuming the International Agricultural Research Center (IARC) system had not been built. Both these counterfactuals apply...