Showing 1 - 10 of 193
discuss the role of reforms in agriculture, enterprises, and international integration in this process. In addition to the … drastic move of employment away from agriculture toward services and manufacturing, we also document the movement of workers …
Persistent link: https://www.econbiz.de/10013073197
stay in agriculture …
Persistent link: https://www.econbiz.de/10013252329
The contributions of Harold Demsetz offer key insights on how property rights and transaction costs shape economic organization. This guides our comparison of agricultural organization in two comparable regions, the Argentine Pampas and the US Midwest. In the US, land was distributed in small...
Persistent link: https://www.econbiz.de/10013291252
Which is the tighter constraint on private sector investment: weak property rights or limited access to external finance? From a survey of new firms in post-communist countries, we find that weak property rights discourage firms from reinvesting their profits, even when bank loans are available....
Persistent link: https://www.econbiz.de/10013213059
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
worked in agriculture. Barely anyone did by 2000. What caused the rapid demise of agriculture in the economy? The analysis …
Persistent link: https://www.econbiz.de/10013221533
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 …
Persistent link: https://www.econbiz.de/10013322662
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/10012864144
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 …
Persistent link: https://www.econbiz.de/10013307376
The Shadow Open Market Committee was formed in 1973 in response to rising inflation and the apparent unwillingness of U.S. policymakers to implement policies necessary to maintain price stability. This paper describes how the Committee's policy views differed from those of most Federal Reserve...
Persistent link: https://www.econbiz.de/10013127975