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The paper presents empirical analysis of a panel of countries to estimate an agricultural production function using a measure of capital in agriculture absent from most studies. The authors employ a heterogeneous technology framework where implemented technology is chosen jointly with inputs to...
Persistent link: https://www.econbiz.de/10005129053
Using time series data spanning three decades, the authors examine the determinants of sectoral migration in Indonesia, Thailand and the Philippines. They employ a principal components algorithm to address problems associated with trended and inter-correlated explanatory variables. Migration...
Persistent link: https://www.econbiz.de/10005133782
A comprehensive examination of data from many countries shows that in 1967-92, eighty-one percent of the world's population lived in countries where agricultural growth exceeded population growth. Moreover, that growth occurred as agricultural prices declined. Productivity gains are a dominant...
Persistent link: https://www.econbiz.de/10005133965
Capital is a fundamental component of agricultural production, and the accumulation of capital is key to growth in agriculture and the process of development. Unfortunately, cross-country data sets on agricultural fixed capital are rare. Using a common methodology that allows comparisons across...
Persistent link: https://www.econbiz.de/10008691716
This report is part of an attempt to model the global markets for primary commodities and to use these models for forecasting purposes as well as for policy analysis. In a free market, domestic prices on agricultural products could be expected to vary with world prices. But intervention is so...
Persistent link: https://www.econbiz.de/10005116538
Labor is the single most important factor in determining national income. As economies grow, agricultural labor declines as a share of total labor and converges to a level of 2 or 3 percent. Off-farm migration facilitates the development of nonagriculture, but historically the process spans...
Persistent link: https://www.econbiz.de/10005030422
In this analysis of capital's role in agricultural production, a new construction of data on capital allowed the authors to advance the cross-country study of production functions. The model reveals the relative importance of capital, a finding quite robust to modifications of the model and the...
Persistent link: https://www.econbiz.de/10005134076
In this paper, the authors document a new database on sectoral investment and capital, providing details about sources of investment data and the method used to convert those data series into capital stock series. They also provide a copy of the computer program used to implement the method. The...
Persistent link: https://www.econbiz.de/10005141728
African governments and international development groups see boosting productivity on smallholder farms as key to reducing rural poverty and safeguarding the food security of farming and non-farming households. Prompting smallholder farmers to use more fertilizer has been a key tactic. Closing...
Persistent link: https://www.econbiz.de/10011265032
In the Middle East and North Africa, food security and water security are tightly entwined. In particular, choices about the extent to which food security policies rely on trade rather than domestically produced staples have stark consequences for the region's limited water resources. This paper...
Persistent link: https://www.econbiz.de/10010829517