Showing 1 - 10 of 1,941
This paper seeks to explain the U-shaped relationship between farm productivity and farm scale - the initial fall in … productivity as farm size increases from its lowest levels and the continuous upward trajectory as scale increases after a …
Persistent link: https://www.econbiz.de/10012946022
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/10012962188
of the labor force engaged in agriculture. This decline has been accompanied by a systematic increase in the productivity … of the labor force, as it has moved from low productivity agriculture to higher productivity manufacturing and services …. These declines have been more rapid in countries where the initial share of the labor force engaged in agriculture is the …
Persistent link: https://www.econbiz.de/10013054049
estimates of the contribution of labor, capital, education, and total factor productivity for the three sectors of agriculture …. Reallocation of workers from agriculture to industry and services has contributed 1.2 percentage points to productivity growth in …'s aggregate productivity growth. In contrast, 45 percent of the growth in India in the second sub-period came in services …
Persistent link: https://www.econbiz.de/10012777426
growth accounting analysis disaggregates by major sector, and highlights implications for aggregate productivity growth of … the reallocation of resources out of agriculture to more productive activities in industry and services. But concerns are …
Persistent link: https://www.econbiz.de/10012777564
We propose a theory linking imperfect information to resource misallocation and hence to aggregate productivity and … US, China, and India reveals substantial losses in productivity and output due to the informational friction. Our … estimates for these losses range from 7-10% for productivity and 10-14% for output in China and India, and are smaller, though …
Persistent link: https://www.econbiz.de/10013050140
Most conventional accounts of India's recent economic performance associate the pick-up in economic growth with the liberalization of 1991. This paper demonstrates that the transition to high growth occured around 1980, a full decade before economic liberalization. We investigate a number of...
Persistent link: https://www.econbiz.de/10013322139
We estimate the rate of total factor productivity growth in Indian manufacturing industry for the period 1973-1992, and … it ignores the additional capital formation made possible by an increase in productivity and therefore understates … productivity's true importance. Our estimates suggest that the understatement may be quite large, and that one might better ask if …
Persistent link: https://www.econbiz.de/10013322875
assess the empirical performance of Ricardo's ideas. We use novel agricultural data that describe the productivity in 17 … the productivity of each parcel of land in all crops, not just those that are currently being grown. This direct … information about relative productivity differences across economic activities allows us to compute, for the first time, the …
Persistent link: https://www.econbiz.de/10013107916
agriculture in the typical country, and particularly so in developing countries. Taken at face value, this "agricultural … productivity gap" suggests that labor is greatly misallocated across sectors. In this paper, we draw on new micro evidence to ask …
Persistent link: https://www.econbiz.de/10013073187