traditional consumption good and an agricultural sector produces food to sustain contemporaneous population. Agriculture demands … factor productivity in agriculture, we show that uncertainty optimally requires more land to be converted into agricultural …

makes it difficult to establish the relationship between the two. This study focuses on the misallocation of production … new evidence on the effect of employment protection on resource misallocation using a large data set of manufacturing … plants covering more than 90 countries. For measuring misallocation, I use the within-industry dispersion of the marginal …