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We study the effects of globalization on agricultural productivity across countries. We develop a multi-country general equilibrium model that incorporates choices of crops and technologies in agricultural production at the micro-level of fields covering the surface of the earth. We estimate our...
Persistent link: https://www.econbiz.de/10012481545
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We study the effects of globalization on agricultural productivity across countries. We develop a multi-country general equilibrium model that incorporates choices of crops and technologies in agricultural production at the micro-level of fields covering the surface of the earth. We estimate our...
Persistent link: https://www.econbiz.de/10013295876
Persistent link: https://www.econbiz.de/10003780842
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. Asset price movements induced by changes in trend growth influence balance-sheet conditions that determine the external … the asset price gap represents distortions in the resource allocation induced by financial market imperfections more … calculation of the potential and thus reduces the benefit of responding to the asset price gap. A policy that responds to the …
Persistent link: https://www.econbiz.de/10012761257