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We investigate the impact of financial access on production convergence in the US agricultural sector. Our results reveal a half-life of about three years in per capita agricultural production across the US states. We also find that financial access enhances the speed of convergence. Our results...
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This paper provides new evidence on the convergence process of energy, water and food per capita consumption levels for 108 countries from 1971 to 2018, using a common data set, with VAR and panel data approach. We establish a new notion of multivariate sigma and beta-convergence. The results...
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Moving labor from agriculture to manufacturing - "industrialization" - is often viewed as essential for the development … Development Centre and build a new dataset of comparable labor productivity levels in agriculture and manufacturing for 64 mostly …
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