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Developing countries employ a very large share of their workforce in agriculture, a sector in which their labor … productivity is particularly low. We take a macroeconomic approach to analyze the role of agriculture in development. We construct … dramatically relative to labor prices; concurrently, capital and intermediate input use in agriculture increases by a factor of 300 …
Persistent link: https://www.econbiz.de/10014250119
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 …
Persistent link: https://www.econbiz.de/10013172134
urbanization and structural transformation. Using household microdata from India and exogenous variation in migration opportunities …, market adaptation mitigates over three-fourths of the direct agricultural losses from urbanization. Spatial reorganization …
Persistent link: https://www.econbiz.de/10015409885
higher in developing-world cities than in rural areas, and historically urbanization is strongly correlated with economic … growth. Education seems to be a strong complement to urbanization, and entrepreneurial human capital correlates strongly with …
Persistent link: https://www.econbiz.de/10012455402
agriculture in the typical country, and particularly so in developing countries. Taken at face value, this "agricultural …
Persistent link: https://www.econbiz.de/10012459033
Agriculture dominated the economy of eighteenth-century British America, and the pace of agricultural productivity …
Persistent link: https://www.econbiz.de/10012470345
The nineteenth century was a period of expansion and transformation of American agriculture. While much is known about …
Persistent link: https://www.econbiz.de/10012475409
Recent research has pointed to large gaps in labor productivity between the agricultural and nonagricultural sectors in low-income countries, as well as between workers in rural and urban areas. Most estimates are based on national accounts or repeated cross-sections of micro-survey data, and as...
Persistent link: https://www.econbiz.de/10012455428
In the Wealth of Nations, Adam Smith argues that a country's national income depends on its labor productivity, which in turn hinges on the division of labor. But why are some countries able to take advantage of the division of labor and become rich, while others fail to do so and remain poor?...
Persistent link: https://www.econbiz.de/10012458029
We try to explain why Italy's labor productivity stopped growing in the mid-1990s. We find no evidence that this slowdown is due to trade dynamics, Italy's inefficient governmental apparatus, or excessively protective labor regulations. By contrast, the data suggest that Italy's slowdown was...
Persistent link: https://www.econbiz.de/10012453749