This research estimates the impact of climate on European agriculture using a continental scale Ricardian analysis …

risk. Furthermore, we find that the pattern of capital flows within the euro zone reflect differences in output per capita … results suggest that the correlation between investment and savings depends on institutions, exchange rate risk and credit …, the rate of growth of output per capita and budget balances …

In poor countries, labor productivity in agriculture is considerably lower than in the rest of the economy. We assess … between the marginal value products of agriculture and non-agriculture are considerably smaller when measured through wages … than through labor productivities. Third, labor productivity in agriculture is severely mis-measured in the US …

Average wages are considerably lower in agriculture than in the other sectors. We document this fact for thirteen … countries ranging from rich (Canada, U.S.) to poor (India, Indonesia). We develop a measure of human capital that accounts for … the selection of workers with different unobserved skills into sectors. We find that differences in human capital account …

rainfall shocks in the most agricultural countries in the world. I show that while these shocks only affect agricultural output …

agriculture in GDP or lower shares of non-agricultural trade in GDP; that is, characteristics that typically apply to low …

is shown that the firm’s optimal adjustment strategy may involve stockouts. At low inflation rates, output is inversely …