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Between 1880 and 1920, the US agricultural employment share fell from 50% to 25%. However, despite aggregate demand shifting away from their sector of specialization, rural labor markets saw faster wage growth and industrialization than non-agricultural parts of the US. We propose a spatial...
Persistent link: https://www.econbiz.de/10013388845
remain small. We estimate the parameters of the model using firm-level data for India and the United States. We study the …
Persistent link: https://www.econbiz.de/10012660011