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industrialization in a developing country during the postwar period. Using novel historical firm-level data for South Korea, we provide …’s share of GDP would have been 15 percentage points lower compared to the steady state with successful industrialization. Thus …
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This paper examines a well known empirical puzzle in the literature on technology adoption: despite the potential of technologies to increase returns dramatically, a significant fraction of households do not use these technologies. I study the use of hybrid maize and fertilizer in Kenya, where...
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