Climate change has increased rainfall uncertainty, leading to greater production risks in agriculture. We examine the … droughts, and are consequently unable to cope fully with the adverse agricultural productivity shock. Our findings can be …

-sector neoclassical framework with agriculture and non-agriculture, we derive the productivity-adjusted aggregate labor income share in … terms of the agricultural productivity gap, and the labor income share in non-agriculture and value-added factor shares. We … theory-based adjustment to our data, the average values for the aggregate and agricultural productivity-adjusted labor income …

induced by changes in wind across years, I show that higher levels of pollution lead to decreased agricultural productivity …, with large changes in productivity being common. The negative effects of pollution are larger in areas growing more labor …-intensive crops, indicating that the pollution works at least partly through direct effects on labor productivity. Finally, combining …

specification of TFP is based on a "neo-Schumpeterian" empirical specification in which productivity improvements depend on growth … at the global technological frontier and a catch up term. We assume that regulation can affect productivity growth both … to reduce the productivity performance of firms. The negative effect is particularly strong on firms characterised by an …

) shifts with productivity growth. On this basis we estimate a dynamic system of macrolabour equations to evaluate the slope of …-run. Furthermore, during the stagflating 70s, the productivity slowdown contributed substantially to the increases in both unemployment … monetary expansion and productivity speedup of the roaring 90s were both responsible for the significant lowering of the …

This paper looks at the channels through which intangible assets affect productivity. The econometric analysis exploits … a new dataset on intangible investment (INTAN-Invest) in conjunction with EUKLEMS productivity estimates for 10 EU …-calculated factor share. These findings suggest investments in knowledge-based capital, i.e., intangible capital, produce productivity …

transformation between agriculture, manufacturing and services. The model can rationalize the observed falling or U-shaped pattern … for aggregate hours, the complete marketization of agriculture and manufacturing, and the shift from agriculture to …