that changes affecting agriculture have large aggregate effects. Thus, it seems reasonable that agricultural productivity …. In fact, agriculture in most developing countries has very low productivity relative to the rest of the economy … from agriculture. Many rural people in the developing world are poor, and conversely, most of the world's poor people …

key driver of productivity gains. Since distortions preventing misallocation can be driven by institutional obstacles …One of the key determinants of potential growth are productivity gains. Total factor productivity (TFP) differences are … the main determinant of per capita income differences between countries. A key factor to understand TFP is misallocation …

We propose a theory linking imperfect information to resource misallocation and hence to aggregate productivity and … US, China, and India reveals substantial losses in productivity and output due to the informational friction. Our … estimates for these losses range from 7-10% for productivity and 10-14% for output in China and India, and are smaller, though …

some of the main findings from the historical view of Brazilian agriculture development. The arguments should rest here on … therefore requires specific actions to promote production and reallocate resources to the different segments and regions. There …

Using dynamic panel models with data for 62 developing countries, this paper examines whether growth in agriculture … growth in agriculture. I identify large short-run effects: An increase in growth in agriculture by one percentage point is … imply sizable long-run effects of permanent increases in growth in agriculture. Extensions of the empirical model suggest …

factor productivity in agriculture, we show that uncertainty optimally requires more land to be converted into agricultural …We study how stochasticity in the evolution of agricultural productivity interacts with economic and population growth … traditional consumption good and an agricultural sector produces food to sustain contemporaneous population. Agriculture demands …

) stresses the role of labor deepening, including the reallocation from agriculture, while more recent analysis points to the …'s growth. The sectors include agriculture, and within non-agriculture, the state and non-state components. We find only a … modest role for labor reallocation from agriculture and capital deepening, and identify rising TFP in the non-state non …