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productivity (TFP). In this article, we summarize a recent literature - and the articles in this special issue on misallocation and … productivity - that focus on the reallocation of factors across heterogeneous production units as an important source of measured …
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productivity (TFP). In this article, we summarize a recent literature — and the articles in this special issue on misallocation … and productivity — that focus on the reallocation of factors across heterogenous production units as an important source …
Persistent link: https://www.econbiz.de/10010600529
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This paper shows that using yields may not be informative of the relationship between farm size and productivity in the … context of small-scale farming. This occurs because, in addition to productivity, yields pick up size-dependent market … distortions and decreasing returns to scale. As a result, a positive relationship between farm productivity and land size may turn …
Persistent link: https://www.econbiz.de/10012665044