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 …

agriculture in the typical country, and particularly so in developing countries. Taken at face value, this "agricultural …

Cross-country labor productivity differences are larger in agriculture than in non-agriculture. We propose a new …, subsistence requirements induce workers that are relatively unproductive at agriculture work to nonetheless select into the … agriculture sector in poor countries. When parameterized, the model predicts that agriculture productivity differences are twice …

Ricardian model of trade into a neoclassical growth model. Barriers to trade result in a misallocation of factors both within …