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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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Tertiarization Like China
Chen, Xilu; Pei, Guangyu; Song, Zheng Michael; … - National Bureau of Economic Research - 2022
We document a process of rapid tertiarization of the Chinese economy since 2005. The employment and value-added shares of the service sector have increased significantly. Moreover, total factor productivity growth has increased faster in the service sector than in the manufacturing sector....
Persistent link: https://www.econbiz.de/10013334489
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Agricultural Diversity, Structural Change and Long-run Development : Evidence from the U.S
Fiszbein, Martin - 2017
This paper examines the role of agricultural diversity in the process of development. Using data from U.S. counties and exploiting climate-induced variation in agricultural production patterns, I show that mid-19th century agricultural diversity had positive long-run effects on population...
Persistent link: https://www.econbiz.de/10012455494
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The role of agriculture in economic development : a conference of the Universtities-National Bureau Committee for Economic Research
Thorbecke, Erik (ed.) - 1969
Persistent link: https://www.econbiz.de/10013395322
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Democratic Capital : The Nexus of Political and Economic Change
Persson, Torsten - 2006
We study the joint dynamics of economic and political change. Predictions of the simple model that we formulate in the paper get considerable support in a panel of data on political regimes and GDP per capita for about 150 countries over 150 years. Democratic capital -- measured by a nation's...
Persistent link: https://www.econbiz.de/10012466494
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RECONSIDERING EXPECTATIONS OF ECONOMIC GROWTH AFTER
Fogel, Robert W. - 2005
At the close of World War II, there were wide-ranging debates about the future of economic developments. Historical experience has since shown that these forecasts were uniformly too pessimistic. Expectations for the American economy focused on the likelihood of secular stagnation; this topic...
Persistent link: https://www.econbiz.de/10012467560
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Recent Developments in Macroeocnomics
Fischer, Stanley - 1987
This paper surveys much of modern macroeconomics. The focus is on the core macroeconomic issue, of the reasons for macroeconomic fluctuations and sometimes persistent unemployment. To provide continuity and perspective on how promising research leads of the past turned out, the paper starts by...
Persistent link: https://www.econbiz.de/10012476594
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New Institutional Economics and Cliometrics
Alston, Eric C.; Alston, Lee J.; Mueller, Bernardo - National Bureau of Economic Research - 2023
neoclassical theory to develop and test hypotheses in economic history. But empirical consideration of economic and political … on complexity theory to further supplement the NIE and Cliometrics …
Persistent link: https://www.econbiz.de/10014226121
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Institutional Comparative Statics
Robinson, James A.; Torvik, Ragnar - 2011
Why was the Black Death followed by the decline of serfdom in Western Europe but its' intensification in Eastern Europe? What explains why involvement in Atlantic trade in the Early Modern period was positively correlated with economic growth in Britain but negatively correlated in Spain? Why...
Persistent link: https://www.econbiz.de/10012461551
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Money (Not) to Burn : Payments for Ecosystem Services to Reduce Crop Residue Burning
Jack, B. Kelsey; Jayachandran, Seema; Kala, Namrata; … - National Bureau of Economic Research - 2022
Particulate matter significantly reduces life expectancy in India. We use a randomized controlled trial in the Indian state of Punjab to evaluate the effectiveness of conditional cash transfers (also known as payments for ecosystem services, or PES) in reducing crop residue burning, which is a...
Persistent link: https://www.econbiz.de/10013462738