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 …

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 …

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 … the United States towards agriculturally important middle-income countries, especially China, India and Brazil. U …

agriculture. It does so by bridging the extensive literature on climate impacts on yields and physical productivity in global crop …

.S. agriculture, where both private crop insurance and frequent federal disaster assistance are present. We find that bailout …