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Sequencing and Welfare : Labor Markets and Agriculture

Edwards, Sebastian - 1992

Recent discussions on structural adjustment and market-oriented reforms in developing and Eastern European nations have addressed the issue of the appropriate sequencing of these reforms. Most of the traditional work on the subject has concluded that the preferred sequencing should include, as a...

Persistent link: https://www.econbiz.de/10012474880

Are There Too Many Farms in the World? Labor-Market Transaction Costs, Machine Capacities and Optimal Farm Size

Foster, Andrew D. - 2017

This paper seeks to explain the U-shaped relationship between farm productivity and farm scale - the initial fall in productivity as farm size increases from its lowest levels and the continuous upward trajectory as scale increases after a threshold - observed across the world and in low-income...

Persistent link: https://www.econbiz.de/10012453805

Median Stable Matching

Schwarz, Michael - 2009

Persistent link: https://www.econbiz.de/10012463958

Age Variations in Workers' Value of Statistical Life

Aldy, Joseph E. - 2004

This paper develops a life-cycle model in which workers choose both consumption levels and job fatality risks, implying that the effect of age on the value of life is ambiguous. The empirical analysis of this relationship uses novel, age-dependent fatal and nonfatal risk variables. Workers'...

Persistent link: https://www.econbiz.de/10012468495

New Goods and the Transition to a New Economy

Greenwood, Jeremy - 2004

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/10012467897

Gravity and Comparative Advantage : Estimation of Trade Elasticities for the Agricultural Sector

Heerman, Kari E.R. - 2018

In this paper, a structural gravity model is presented which features intra-sector heterogeneity in agricultural productivity systematically linked to land and climate characteristics. The "systematic heterogeneity" (SH) gravity model predicts that countries with similar land and climate...

Persistent link: https://www.econbiz.de/10012452949

Wheat or Strawberries? Intermediated Trade with Limited Contracting

Krishna, Kala - 2014

Why do developing countries fail to specialize in products in which they appear to have a comparative advantage? We propose a model of agricultural trade with intermediation that explains how hold-up resulting from poor contracting environments can produce such an outcome. We use the model to...

Persistent link: https://www.econbiz.de/10012458035

Learning Through Noticing : Theory and Experimental Evidence in Farming

Hanna, Rema - 2012

Existing learning models attribute failures to learn to a lack of data. We model a different barrier. Given the large number of dimensions one could focus on when using a technology, people may fail to learn because they failed to notice important features of the data they possess. We conduct a...

Persistent link: https://www.econbiz.de/10012460258

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

Technical Change, Inequality, and the Labor Market

Acemoglu, Daron - 2000

This essay discusses the effect of technical change on wage inequality. I argue that the behavior of wages and returns to schooling indicates that technical change has been skill-biased during the past sixty years. Furthermore, the recent increase in inequality is most likely due to an...

Persistent link: https://www.econbiz.de/10012470950

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