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We study the sectoral allocation of public infrastructure investments in the agriculture and manufacturing sectors in … agriculture in India has fallen, while it has risen in manufacturing. To match these observations we construct a two sector OLG … allocation of infrastructure across agriculture and manufacturing. We find: 1. The growth maximizing share of public capital …
Persistent link: https://www.econbiz.de/10011807668
protection policies and trade relations with the EU and productivity dynamics and their determinants. Secondly, it presents four … scenarios based on the main value chains of the agriculture sector of Med 11: animal products, fruits and vegetables, sugar and …
Persistent link: https://www.econbiz.de/10010326570
Long-Run Structural and Productivity Change in U.S. Agriculture: Effects of Prices and Policies by Wallace E. Huffman … or specialized and (2) an econometrics examination of causes of structural and total factor productivity (TFP) change for … U.S. agriculture. Farm size, farm specialization, and part-time farming are the structural dimension emphasized, and …
Persistent link: https://www.econbiz.de/10010369160
. Productivity measurement, taking these types of production functions into consideration, leads to different interpretations of … productivity change than traditional approaches not being clear about which production function concept is used. …
Persistent link: https://www.econbiz.de/10010285617
agriculture, manufacturing, and services on postwar US data and compare them with Cobb-Douglas production functions with different …
Persistent link: https://www.econbiz.de/10010494521
,tend to rise faster than the prices of material goods. Central to his model is the disparityin labour productivity growth … disease of services retains its explanatory power and relevance today. It refutescriticisms that productivity growth in …
Persistent link: https://www.econbiz.de/10014459453
There is a widespread perception that the Republic of Korea's service sector lags behind its dynamic world-class manufacturing sector. We empirically analyze the past performance of the Republic of Korea's service sector in order to assess its prospects as an engine of growth. Our analysis...
Persistent link: https://www.econbiz.de/10010507363
, somewhat surprisingly in light of the difficulty of achieving productivity gains in services, we also find that services labor … productivity grew at a healthy pace in much of the region. Overall our analysis provides substantial cause for optimism about the …
Persistent link: https://www.econbiz.de/10010507372
transfer of workers out of low-productivity agriculture is a fundamental pillar of the PRC's aspirations to progress and … of employment in agriculture in the PRC will decline to about 24% by 2020, the end of the 13th Five-Year Plan (2016 …
Persistent link: https://www.econbiz.de/10011432701
The U.S. economy has been going through a striking structural transformation - the secular reallocation of employment across sectors - over the past several decades. We propose a decomposition framework to assess the contributions of various margins of firm dynamics to this shift. Using...
Persistent link: https://www.econbiz.de/10011460632