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In this paper, the authors document a new database on sectoral investment and capital, providing details about sources of investment data and the method used to convert those data series into capital stock series. They also provide a copy of the computer program used to implement the method. The...
Persistent link: https://www.econbiz.de/10005141728
Data from the World Bank's Cross-Country Database for Sectoral Investment and Capital. Annual, 1948-1992, for up to 63 countries. Described in World Bank working paper 2013 and an article in the World Bank Economic Review (2000, 14:2, 371-391).
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The paper presents empirical analysis of a panel of countries to estimate an agricultural production function using a measure of capital in agriculture absent from most studies. The authors employ a heterogeneous technology framework where implemented technology is chosen jointly with inputs to...
Persistent link: https://www.econbiz.de/10012747405
The introduction of new high-yielding varieties of cereals in the 1960s, know as the green revolution, changed dramatically the food supply in Asia as well as in other countries. Mundlak, Larson, and Butzer examine over an extended period the growth consequences for agriculture in Indonesia, the...
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Capital is a fundamental component of agricultural production, and the accumulation of capital is key to growth in agriculture and the process of development. Unfortunately, cross-country data sets on agricultural fixed capital are rare. Using a common methodology that allows comparisons across...
Persistent link: https://www.econbiz.de/10012551686
Using time series data spanning three decades, Butzer, Mundlak, and Larson examine the determinants of sectoral migration in Indonesia, Thailand and the Philippines. They employ a principal components algorithm to address problems associated with trended and intercorrelated explanatory...
Persistent link: https://www.econbiz.de/10012748375