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in agriculture. The empirical analysis shows that an increase in real wages has induced the substitution of labor by …This paper uses farm panel data from Indonesia to examine dynamic patterns of land use, capital investments, and wages … real wages increase. Machines and land are complementary if the scale of operation is greater than a threshold size. In …
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demand for machine services. Recently, China's agriculture has experienced a large expansion of machine rentals and machine … agriculture with mechanization and active land rental markets …
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