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Consider a population of farmers who live around a lake. Each farmer engages in trade with his m adjacent neighbors, where m is termed the “span of interaction.” Trade is governed by a prisoner's dilemma “rule of engagement.” A farmer's payoff is the sum of the payoffs from the m...
Persistent link: https://www.econbiz.de/10013137776
Persistent link: https://www.econbiz.de/10012938229
This paper has revisited the roles of agricultural sector development for Sub-Saharan Africa (SSA) in responding to the twofold challenges – broadening the base of economic growth and sustaining growth momentum. Based on a holistic and long-term perspective on the mechanism of an economic...
Persistent link: https://www.econbiz.de/10012972228
This paper has revisited the roles of agricultural sector development for Sub-Saharan Africa (SSA) in responding to the twofold challenges – broadening the base of economic growth and sustaining growth momentum. Based on a holistic and long-term perspective on the mechanism of an economic...
Persistent link: https://www.econbiz.de/10012972246
An influential hypothesis explaining the persistence of global productivity differences is that frontier technologies are finely tuned to the local conditions of the high-income countries that develop them and inappropriate for application elsewhere. This paper studies how environmental...
Persistent link: https://www.econbiz.de/10013219358
The growth of agricultural productivity is widely believed to be low. But this study finds the productivity growth rate in agriculture to be higher than that in manufacturing, both on average and for groups of countries at different stages of development. This suggests that a large agricultural...
Persistent link: https://www.econbiz.de/10012749223
Economic development theories and their learning frameworks differently address farms and firms. This article argues that the traditional double-standard of the primacy of manufacturing rests on a debatable stages model that under-recognizes learning and innovation in agriculture and its...
Persistent link: https://www.econbiz.de/10012057489
We examine important changes in agriculture in Viet Nam in the context of ongoing structural changes in the economy. We use a household-level panel dataset and a quantitative framework to document the extent and consequences of factor misallocation in agriculture during the period between 2006...
Persistent link: https://www.econbiz.de/10011913225
The increasing inconsistency in the Turkish economy gave rise to transformations necessitated by the manner of its growth and technological changes. Between 1923 and 1962, the Turkish economy was based on agricultural growth strategies, which spurred development in the manufacturing sector and...
Persistent link: https://www.econbiz.de/10011823422
This research explores the origins of the distribution of time preference across regions. It advances the hypothesis and establishes empirically, that geographical variations in natural land productivity and their impact on the return to agricultural investment have had a persistent effect on...
Persistent link: https://www.econbiz.de/10011003227