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factor misallocation in agriculture. We find that there are substantial frictions in both the land and capital markets linked … to land institutions in rural China that disproportionately constrain the more productive farmers. These frictions reduce … (misallocation) and (2) the allocation of workers across sectors, in particular the type of farmers who operate in agriculture …
Persistent link: https://www.econbiz.de/10012965435
hand-collected data on banking and agriculture in Illinois in the early 20th century. The mechanism for the Fed's effect on … agriculture was a bank credit channel, operating independently of any deflationary effect on money supply. Our findings suggest …
Persistent link: https://www.econbiz.de/10012953999
Agriculture on the American Great Plains has been constrained by historical water scarcity. After World War II …
Persistent link: https://www.econbiz.de/10013037471
. For new technologies, the case of agriculture demonstrates that government has an important role in antitrust, the …
Persistent link: https://www.econbiz.de/10013039091
During the 1850s, land in U.S. farms surged by more than 100 million acres while almost 50 million acres of land were transformed from their raw, natural state into productive farmland. The time and expense of transforming this land into a productive resource represented a significant fraction...
Persistent link: https://www.econbiz.de/10013039250
agriculture. It does so by bridging the extensive literature on climate impacts on yields and physical productivity in global crop …
Persistent link: https://www.econbiz.de/10012915233
In this paper, a structural gravity model is presented which features intra-sector heterogeneity in agricultural productivity systematically linked to land and climate characteristics. The “systematic heterogeneity” (SH) gravity model predicts that countries with similar land and climate...
Persistent link: https://www.econbiz.de/10012915644
We examine the economic impact of high-yielding crop varieties (HYVs) in developing countries 1960-2000. We use time variation in the development and diffusion of HYVs of 10 major crops, spatial variation in agro-climatically suitability for growing them, and a differences-in-differences...
Persistent link: https://www.econbiz.de/10012916176
The nineteenth century was a period of expansion and transformation of American agriculture. While much is known about …
Persistent link: https://www.econbiz.de/10013218343
worked in agriculture. Barely anyone did by 2000. What caused the rapid demise of agriculture in the economy? The analysis …
Persistent link: https://www.econbiz.de/10013221533