Showing 1 - 10 of 181
--Venture capital and the transformation of private R&D for agriculture /Gregory D. Graff, Felipe de Fueiredo Silva, David …"The challenges facing agriculture are plenty. Along with the world's growing population and diminishing amounts of … agriculture keep pace with earth's social, population, and ecological changes. In the last 50 years, mechanical, biological, and …
Persistent link: https://www.econbiz.de/10012484895
Persistent link: https://www.econbiz.de/10013395322
The expansion in farm size is an important contributor to agricultural productivity in developed countries, but the reallocation process is hindered in less developed economies. How do distortions to factor reallocation affect farm dynamics and agricultural productivity? We develop a model of...
Persistent link: https://www.econbiz.de/10014226182
Latin America began the twentieth century as a relatively poor region on the periphery of the world economy. One cause of a low level of income per person was capital scarcity. Long run growth via capital deepening requires either the mobilization of domestic capital through savings, or large...
Persistent link: https://www.econbiz.de/10012471391
This paper examines the economics of large scale institutional change by studying the adoption of the land demarcation practices within the British Empire during the 17th through 19th Centuries. The advantages of systematic, coordinated demarcation, such as with the rectangular survey, relative...
Persistent link: https://www.econbiz.de/10012462831
Recent work emphasizes the primacy of differences in countries' colonially-bequeathed property rights and legal systems for explaining differences in their subsequent economic development. Barbados and Jamaica provide a striking counter example to this long-run view of income determination. Both...
Persistent link: https://www.econbiz.de/10012464043
Using a newly-constructed panel data set which includes annual estimates of lending rates for 47 Japanese prefectures, we analyze why interest rates converged over the period 1884-1925. We find evidence that technological innovations and institutional changes played an important role in creating...
Persistent link: https://www.econbiz.de/10012464555
The focus of policy reform in developing countries has moved from getting prices right to getting institutions right, and accordingly countries are increasingly being advised to move towards "best-practice" institutions. This paper argues that appropriate institutions for developing countries...
Persistent link: https://www.econbiz.de/10012464596
We provide a comprehensive view of widening income inequality in the United States contrasting conditions since 1980 with those in earlier postwar years. We argue that the income distribution in each period was strongly shaped by a set of economic institutions. The early postwar years were...
Persistent link: https://www.econbiz.de/10012465548
We revisit the debate over whether political institutions cause economic growth, or whether, alternatively, growth and human capital accumulation lead to institutional improvement. We find that most indicators of institutional quality used to establish the proposition that institutions cause...
Persistent link: https://www.econbiz.de/10012468125