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The Macroeconomics of Intensive Agriculture
Boppart, Timo; Kiernan, Patrick; Krusell, Per; … - National Bureau of Economic Research - 2023
Developing countries employ a very large share of their workforce in agriculture, a sector in which their labor … productivity is particularly low. We take a macroeconomic approach to analyze the role of agriculture in development. We construct … dramatically relative to labor prices; concurrently, capital and intermediate input use in agriculture increases by a factor of 300 …
Persistent link: https://www.econbiz.de/10014250119
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New Evidence on Sectoral Labor Productivity : Implications for Industrialization and Development
Herrendorf, Berthold; Rogerson, Richard Donald; … - National Bureau of Economic Research - 2022
Moving labor from agriculture to manufacturing - "industrialization" - is often viewed as essential for the development … Development Centre and build a new dataset of comparable labor productivity levels in agriculture and manufacturing for 64 mostly …
Persistent link: https://www.econbiz.de/10013172134
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Two Blades of Grass : The Impact of the Green Revolution
Gollin, Douglas - 2018
We examine the economic impact of high-yielding crop varieties (HYVs) in developing countries 1960-2000. We use time variation in the development and diffusion of HYVs of 10 major crops, spatial variation in agro-climatically suitability for growing them, and a differences-in-differences...
Persistent link: https://www.econbiz.de/10012452976
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Financial constraints and innovation : Why poor countries don't catch up
Gorodnichenko, Yuriy - 2010
This paper examines micro-level channels of how financial development can affect macroeconomic outcomes like the level of income and export intensity. We investigate theoretically and empirically how financial constraints affect a firm's innovation and export activities, using unique firm survey...
Persistent link: https://www.econbiz.de/10012462858
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Economic Development and the Regulation of Morally Contentious Activities
Elias, Julio J. - 2017
The regulation of many activities depends on whether societies consider them morally controversial or "repugnant". Not only have regulation and related ethical concerns changed over time, but there is also heterogeneity across countries at a given time. We provide evidence of this heterogeneity...
Persistent link: https://www.econbiz.de/10012455467
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Financial Development and the Choice of Trade Partners
Chan, Man Lung - 2013
What determines the choice of countries' trade partners? We show theoretically and empirically that financial market imperfections affect the number and identity of exporters' destinations. Bigger economies with lower trade costs are more attractive markets because they offer higher export...
Persistent link: https://www.econbiz.de/10012459794
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Agriculture, Roads, and Economic Development in Uganda
Gollin, Douglas - 2010
A large fraction of Uganda's population continues to earn a living from quasi-subsistence agriculture. This paper uses …-subsistence agriculture is highly sensitive both to agricultural productivity levels and to transportation costs. The model also suggests …
Persistent link: https://www.econbiz.de/10012462787
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Did Inequality in Farm Sizes Lead to Suppression of Banking and Credit in the Late Nineteenth Century?
Jaremski, Matthew S. - 2017
This paper creates a new database that covers all banks in the United States in the census years between 1870 and 1900 to test the interaction between inequality and financial development when the banking system was starting over from scratch. A fixed-effects panel regression shows that the...
Persistent link: https://www.econbiz.de/10012455333
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Agricultural Diversity, Structural Change and Long-run Development : Evidence from the U.S
Fiszbein, Martin - 2017
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/10012455494
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Reevaluating Agricultural Productivity Gaps with Longitudinal Microdata
Hicks, Joan Hamory - 2017
Recent research has pointed to large gaps in labor productivity between the agricultural and nonagricultural sectors in low-income countries, as well as between workers in rural and urban areas. Most estimates are based on national accounts or repeated cross-sections of micro-survey data, and as...
Persistent link: https://www.econbiz.de/10012455428