Agriculture and Aggregation

Publicado en

  • Economics Letters

Resumen

  • We study the shape of the aggregate production function in the presence of land-intensive agriculture. The traditional Cobb-Douglas formulation is corrected to include a diversification component. The implied TFP differences across countries are larger than what Solow residuals suggest.

fecha de publicación

  • 2009

Líneas de investigación

  • Aggregate Production Function
  • Development Accounting
  • Diversification
  • Solow Residuals

Página inicial

  • 110

Última página

  • 112

Volumen

  • 105

Issue

  • 1