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The Macroeconomics of Intensive Agriculture
Boppart, Timo; Kiernan, Patrick; Krusell, Per; … - National Bureau of Economic Research - 2023
Developing countries employ a very large share of their workforce in agriculture, a sector in which their labor … productivity is particularly low. We take a macroeconomic approach to analyze the role of agriculture in development. We construct … dramatically relative to labor prices; concurrently, capital and intermediate input use in agriculture increases by a factor of 300 …
Persistent link: https://www.econbiz.de/10014250119
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Technology and Labor Displacement : Evidence from Linking Patents with Worker-Level Data
Kogan, Leonid; Papanikolaou, Dimitris; Schmidt, Lawrence; … - National Bureau of Economic Research - 2023
We develop measures of labor-saving and labor-augmenting technology exposure using textual analysis of patents and job tasks. Using US administrative data, we show that both measures negatively predict earnings growth of individual incumbent workers. While labor-saving technologies predict...
Persistent link: https://www.econbiz.de/10014436977
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Supplier Churn and Growth : A Micro-to-Macro Analysis
Baqaee, David; Burstein, Ariel T.; Duprez, Cédric; … - National Bureau of Economic Research - 2023
We investigate the effects of input variety creation and destruction on both micro- and macroeconomic outcomes using detailed data from Belgium. We estimate that marginal costs rise by 0.6% for every 1% of suppliers lost. We show that this elasticity measures the area under the input demand...
Persistent link: https://www.econbiz.de/10014287332
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Distortions, Producer Dynamics, and Aggregate Productivity : A General Equilibrium Analysis
Ayerst, Stephen; Brandt, Loren; Restuccia, Diego - National Bureau of Economic Research - 2023
-enhancing investment, which more than doubles the productivity loss from factor misallocation …
Persistent link: https://www.econbiz.de/10014226182
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The Missing Middle Managers : Labor Costs, Firm Structure, and Development
Hjort, Jonas; Malmberg, Hannes; Schoellman, Todd - National Bureau of Economic Research - 2022
This paper shows that large, multi-establishment business enterprises face a high cost of middle management in poor countries and that this cost inhibits the growth of the modern sector. We provide new empirical evidence using a database covering compensation for 300,000 middle managers working...
Persistent link: https://www.econbiz.de/10013435154
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The Micro and Macro Productivity of Nations
Ayerst, Stephen; Nguyen, Duc; Restuccia, Diego - National Bureau of Economic Research - 2024
static misallocation also plays an important role, albeit smaller …
Persistent link: https://www.econbiz.de/10014635713
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Land Rental Markets : Experimental Evidence from Kenya
Acampora, Michelle; Casaburi, Lorenzo; Willis, Jack - National Bureau of Economic Research - 2022
Land market incompleteness is argued to have pervasive effects in Sub-Saharan Africa, including on agricultural efficiency, equity, and structural transformation. Yet experimental evidence on land market participation is virtually non-existent. We randomly allocate subsidies for agricultural...
Persistent link: https://www.econbiz.de/10013388851
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Shortening the Path to Productive Investment : Evidence from Input Fairs and Cash Transfers in Malawi
Aggarwal, Shilpa; Jeong, Dahyeon; Kumar, Naresh; Park, … - National Bureau of Economic Research - 2024
While cash transfers consistently show large effects on immediate outcomes like consumption, limited access to markets may mute their impact on productive investment. In an experiment in Malawi, we cross-cut cash transfers with an "input fair," designed to reduce transport costs to access...
Persistent link: https://www.econbiz.de/10014512117
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The Dynamic Effects of Cash Transfers to Agricultural Households
Aggarwal, Shilpa; Aker, Jenny C.; Jeong, Dahyeon; … - National Bureau of Economic Research - 2024
While cash transfers will tautologically increase contemporaneous consumption, it is unclear whether these gains will persist, especially in rural agricultural settings with limited productive investment opportunities. Using bi-monthly survey data from recipients of a large, unconditional cash...
Persistent link: https://www.econbiz.de/10014544710
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Melitz Meets Lewis : The Impacts of Roads on Structural Transformation and Businesses
Kaboski, Joseph Paul; Lu, Jianyu; Qian, Wei; Ren, Lixia - National Bureau of Economic Research - 2024
. \textit{Ceteris paribus} lower trade costs in non-agriculture lead to fewer firms, but cheaper agricultural imports releases …
Persistent link: https://www.econbiz.de/10014544726