quantitative model of agriculture and non-agriculture that features a non-degenerate size distribution of farms. We find that …

model of agriculture and non-agriculture that features a non-degenerate size distribution of farms. We find that differences … quantitative importance of misallocation in two ways. First, we construct a summary measure of farm-size distortions across …

countries. Since untitled land cannot be rented or traded across farmers, it creates not only land market misallocation, but …

model of agriculture with a non-degenerate distribution of farm sizes featuring an occupation decision and a technology … efficiency for misallocation and productivity in the agricultural sector. …

model of agriculture with a non-degenerate distribution of farm sizes featuring an occupation decision and a technology … from large/high productivity farms to existing small/low productivity farms (misallocation effect), but also by distorting … emphasize the potential role of land market efficiency for misallocation and productivity in the agricultural sector. …

relate factor misallocation to severely restricted land markets as the vast majority of land is without a title and a very …

leads to significantly larger agricultural investment and riskier production choices in agriculture. The salient constraint …

strong, and insurance leads to significantly larger agricultural investment and riskier production choices in agriculture …