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Farm Work, Home Work And International Productivity Differences

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  • Gollin, Douglas
  • Parente, Stephen L.
  • Rogerson, Richard

Abstract

Agriculture�'s share of economic activity is known to vary inversely with a country�'s level of development. This paper examines whether extensions of the neoclassical growth model can account for some important sectoral patterns observed in a current cross-section of countries and in the time series data for currently rich countries. We find that a straightforward agricultural extension of the neoclassical growth model restricted to match U.S. observations fails to account for important aspects of the cross-country data. We then introduce a version of the growth model with home production, and we show that this model performs much better.

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Bibliographic Info

Paper provided by American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association) in its series 2000 Annual meeting, July 30-August 2, Tampa, FL with number 21797.

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Date of creation: 2000
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Handle: RePEc:ags:aaea00:21797

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Keywords: Agribusiness; Productivity Analysis;

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