Why is Measured Productivity so Low in Agriculture?
Todd Schoellman () and
Berthold Herrendorf ()
No 75, 2012 Meeting Papers from Society for Economic Dynamics
It is well known that poor countries are much less productive in agriculture than in the rest of the economy, and that it is hard to account for these productivity gaps. In this paper, we study US states during 1980â€“2009. We find that there are large productivity gaps between agriculture and nonâ€“agriculture. These productivity gaps are not at all accounted for by gaps in real wages per efficiency unit, which are similar in the two sectors. Instead, they are accounted for by two key factors: human capital is much higher in nonâ€“agriculture; and value added is seriously misâ€“measured in agriculture.
New Economics Papers: this item is included in nep-agr and nep-eff
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3) Track citations by RSS feed
Downloads: (external link)
Journal Article: Why is Measured Productivity so Low in Agriculture? (2015)
Working Paper: Why is Measured Productivity so Low in Agriculture? (2015)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:red:sed012:75
Access Statistics for this paper
More papers in 2012 Meeting Papers from Society for Economic Dynamics Society for Economic Dynamics Marina Azzimonti Department of Economics Stonybrook University 10 Nicolls Road Stonybrook NY 11790 USA. Contact information at EDIRC.
Bibliographic data for series maintained by Christian Zimmermann ().