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an 8.03% increase in real GDP per capita. While misallocation in agriculture has been studied extensively, the paper … highlights a novel source of misallocation also prevalent in other countries such as China, Myanmar, and Uzbekistan …
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misallocation in agriculture during the period between 2006 and 2016. Despite rapid growth in agricultural productivity and a …We examine important changes in agriculture in Viet Nam in the context of ongoing structural changes in the economy. We … reallocation of factor inputs to more productive farmers, we find that misallocation across farmers remains high and increased …
Persistent link: https://www.econbiz.de/10011913225
A quantitative framework of firm dynamics is developed where the size of the informal sector is determined by financial constraints and the burden of taxation. Improving access to credit for formal sector firms increases aggregate TFP and output while reducing the size of the informal sector....
Persistent link: https://www.econbiz.de/10011489988
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We study the impact of incomplete consumption risk-sharing on land misallocation in rural economies. We develop a …' choices, leading them away from maximizing expected incomes and resulting in land misallocation. Using the latest ICRISAT …
Persistent link: https://www.econbiz.de/10015064226
The disparities in cross-country labor productivity are greater in agriculture than in other industries. I propose that … the misallocation of female talent across sectors distorts productivity. I formalize the theory by using a general …
Persistent link: https://www.econbiz.de/10014394245
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
The relationship between economic growth and the environment is, and will always remain, controversial. Some see the emergence of new pollution problems, the lack of success in dealing with global warming and the still rising population in the Third World as proof positive that humans are a...
Persistent link: https://www.econbiz.de/10014023759