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U.S. agriculture was transformed during the 20th century by waves of innovation with mechanical, biological, chemical …, and information technologies. Compared with a few decades ago, today's agriculture is much less labor intensive and farms … innovation will be required to preserve past productivity gains in the face of climate change, coevolving pests and diseases, and …
Persistent link: https://www.econbiz.de/10012481789
accounting for the change in the share of labor force in agriculture. TFP growth and changes in the intersectoral wedges are the … points higher and the share of the labor force in agriculture is 23.9 percentage points lower compared with the continuation …
Persistent link: https://www.econbiz.de/10012457271
1990s, provided that variations in population growth, depreciation rates, total factor productivity, and taxes are …. We use the theory to compare current accounting measures for labor productivity and investment with the corresponding … understate the boom in productivity and investment …
Persistent link: https://www.econbiz.de/10012465147
We introduce a growth model of technology diffusion and endogenous Total Factor Productivity (TFP) levels both at the … disparities in sectoral productivity levels as well as aggregate TFP that can be attributed to the differences in the range of …
Persistent link: https://www.econbiz.de/10012467957
agriculture declines while labor productivity increases in agriculture more than in other sectors. We construct a unified theory … simultaneous decline and modernization of agriculture. As capital accumulates, agriculture becomes increasingly capital intensive … as modern agriculture crowds out traditional agriculture. Structural change accelerates in booms and slows down in …
Persistent link: https://www.econbiz.de/10012480126
. \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
. For new technologies, the case of agriculture demonstrates that government has an important role in antitrust, the …
Persistent link: https://www.econbiz.de/10012462857
. Farmers responded to the shrinking transportation wedge and rising revenue productivity by rapidly expanding the area under …
Persistent link: https://www.econbiz.de/10012463129
from agriculture to non-agriculture and from rural to urban areas. We combine rich household and individual-level panel … substantial negative effects on agricultural productivity and structural change, raising the share of households operating farms … by almost 30 percentage points and depressing agricultural productivity by more than 10 percent. Quantitatively, land …
Persistent link: https://www.econbiz.de/10012814441
heat reduces non-agricultural productivity, but less so than in agriculture, implying that hot countries could adapt to … perversely pulls labor into agriculture where its productivity suffers most and reallocation exacerbates the global decline in … of climate change on sectoral reallocation and aggregate productivity. First, I use firm-level data from a wide range of …
Persistent link: https://www.econbiz.de/10012481491