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We show empirically using panel data at the plot and farm level and based on a model incorporating supervision costs, risk, credit-market imperfections and scale-economies associated with mechanization that small-scale farming is inefficient in India. Larger farms are more profitable per acre,...
Persistent link: https://www.econbiz.de/10008679788
Differences in technology levels across countries account for a large component of the differences in wages and per-capita GDP across countries worldwide. This article reviews micro studies of the adoption of new technologies and the use of inputs complementary with new technologies to shed...
Persistent link: https://www.econbiz.de/10009226029
We show empirically using panel data at the plot and farm level and based on a model
Persistent link: https://www.econbiz.de/10010706053
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In this essay, we present evidence that employers in rural areas of developing countries have imperfect information with regard to the productivity of heterogeneous workers. In addition to obtaining direct measures of the completeness of employer information we consider the implications of...
Persistent link: https://www.econbiz.de/10008598782
We show empirically using panel data at the plot and farm level and based on a model incorporating supervision costs, risk, credit-market imperfections and scale-economies associated with mechanization that small-scale farming is inefficient in India. Larger farms are more profitable per acre,...
Persistent link: https://www.econbiz.de/10010282717
There is an emerging consensus among macro-economists that differences in technology across countries account for the major differences in per-capita GDP and the wages of workers with similar skills across countries. Accounting for differences in technology levels across countries thus can go a...
Persistent link: https://www.econbiz.de/10010282735
There is an emerging consensus among macro-economists that differences in technology across countries accounts for the major differences in per-capita GDP and the wages of workers with similar skills across countries. Accounting for differences in technology levels across countries thus can go a...
Persistent link: https://www.econbiz.de/10008474495