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- W2048319098 abstract "Abstract In poor countries, labor productivity in agriculture is considerably lower than in the rest of the economy. We assess whether this well-known fact implies that labor is mis-allocated between the two sectors. We make several observations that suggest otherwise. First, the same fact holds for US states where severe mis-allocation is implausible. Second, the gaps between the marginal value products of agriculture and non-agriculture are considerably smaller when measured through wages than through labor productivities. Third, labor productivity in agriculture is severely mis-measured in the US." @default.
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- W2048319098 date "2015-10-01" @default.
- W2048319098 modified "2023-10-17" @default.
- W2048319098 title "Why is measured productivity so low in agriculture?" @default.
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- W2048319098 doi "https://doi.org/10.1016/j.red.2014.10.006" @default.
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