agricultural technology affects industrialization. We demonstrate the existence of multiple equilibria; the economy is either … characterized by the use of a traditional agricultural technology and a low level of industrialization or the use of a mechanized … technology and a high level of industrialization. Relative to the traditional technology, the mechanized technology increases …

agricultural technology affects industrialization. We demonstrate the existence of multiple equilibria; the economy is either … characterized by the use of a traditional agricultural technology and a low level of industrialization or the use of a mechanized … technology and a high level of industrialization. Relative to the traditional technology, the mechanized technology increases …

agricultural technology affects industrialization. We demonstrate the existence of multiple equilibria; the economy is either … characterized by the use of a traditional agricultural technology and a low level of industrialization or the use of a mechanized … technology and a high level of industrialization. Relative to the traditional technology, the mechanized technology increases …

large dams in India. To account for endogenous placement of dams we use GIS data and the fact that river gradient affects a … estimates suggest that large dam construction in India is a marginally cost-effective investment with significant distributional …