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FARM WORK, HOME WORK AND INTERNATIONAL PRODUCTIVITY DIFFERENCES

Douglas Gollin (), Stephen Parente () and Richard Rogerson ()

No 21797, 2000 Annual meeting, July 30-August 2, Tampa, FL from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

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.

Keywords: Agribusiness; Productivity Analysis (search for similar items in EconPapers)
Date: 2000
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