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According to national accounts data, value added per worker is much higher in the non-agricultural sector than in agriculture in the typical country, and particularly so in developing countries. Taken at face value, this "agricultural productivity gap'' suggests that labor is greatly...
Persistent link: https://www.econbiz.de/10013091770
According to national accounts data, value added per worker is much higher in the non-agricultural sector than in agriculture in the typical country, and particularly so in developing countries. Taken at face value, this "agricultural productivity gap" suggests that labor is greatly misallocated...
Persistent link: https://www.econbiz.de/10013073187
I develop a novel view of the trade frictions between rich and poor countries by arguing that to reconcile bilateral trade volumes and price data within a standard gravity model, the trade frictions between rich and poor countries must be systematically asymmetric, with poor countries facing...
Persistent link: https://www.econbiz.de/10013155234
According to national accounts data, value added per worker is much higher in the nonagricultural sector than in agriculture in the typical country, particularly in developing countries. Taken at face value, this "agricultural productivity gap'' suggests that labor is greatly misallocated across...
Persistent link: https://www.econbiz.de/10012944899