Showing 1 - 10 of 35
Using detailed household-level data from Malawi on physical quantities of outputs and inputs in agricultural production, we measure total factor productivity (TFP) for farms controlling for land quality, rain, and other transitory shocks. We find that operated land size and capital are...
Persistent link: https://www.econbiz.de/10012963746
Victory in the War for Independence brought a vast amount of land within the grasp of the new American nation -- territory stretching from the Appalachian Mountains to the Mississippi River between the southern shores of the Great Lakes and Spanish Florida. These lands were initially claimed by...
Persistent link: https://www.econbiz.de/10013152595
In addressing environmental and natural resource problems, there is a move away from primary reliance upon centralized regulation toward assignment of property rights to mitigate the losses of open-access. I examine the assignment of private property rights during the 19th and early 20th...
Persistent link: https://www.econbiz.de/10013225045
The state of Georgia allocated most of its land to the public through a system of lotteries. These episodes provide unusual opportunities to assess the long-term impact of large shocks to wealth, as winning was uncorrelated with individual characteristics and participation was nearly universal...
Persistent link: https://www.econbiz.de/10013079754
The 1930's American Dust Bowl was an environmental catastrophe that greatly eroded sections of the Plains. Analyzing new data collected to identify low-, medium-, and high-erosion counties, the Dust Bowl is estimated to have immediately, substantially, and persistently reduced agricultural land...
Persistent link: https://www.econbiz.de/10013149654
This handbook chapter seeks to document the economic forces that led the US to become an urban nation over its two hundred year history. We show that the urban wage premium in the US was remarkably stable over the past two centuries, ranging between 15 and 40 percent, while the rent premium was...
Persistent link: https://www.econbiz.de/10013082149
Measures of entrepreneurship, such as average establishment size and the prevalence of start-ups, correlate strongly with employment growth across and within metropolitan areas, but the endogeneity of these measures bedevils interpretation. Chinitz (1961) hypothesized that coal mines near...
Persistent link: https://www.econbiz.de/10013065603
This paper investigates the urbanization of the Indian manufacturing sector by combining enterprise data from formal … urbanization has slowed down, the localized importance of education and infrastructure have not. Our results suggest that districts … with better education and infrastructure have experienced a faster pace of urbanization, although higher urban-rural cost …
Persistent link: https://www.econbiz.de/10013066249
Research on entrepreneurship often examines the local dimensions of new business formation. The local environment influences the choices of entrepreneurs; entrepreneurial success influences the local economy. Yet modern urban economics has paid relatively little attention to entrepreneurs. This...
Persistent link: https://www.econbiz.de/10013070489
simple urban model illustrates that in closed economies, agricultural prosperity leads to more urbanization but that in an … open economy, urbanization increases with agricultural desperation. The challenge of developing world mega-cities is that …
Persistent link: https://www.econbiz.de/10013071513