Land Reform and Productivity: A Quantitative Analysis with Micro Data
In: NBER Working Paper No. w25780
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In: NBER Working Paper No. w25780
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Working paper
In: NBER Working Paper No. w24532
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Working paper
In: American economic review, Band 104, Heft 6, S. 1667-1697
ISSN: 1944-7981
We study the determinants of differences in farm size across countries and their impact on agricultural and aggregate productivity using a quantitative sectoral model featuring a distribution of farms. Measured aggregate factors (capital, land, economy-wide productivity) account for one-quarter of the observed differences in farm size and productivity. Policies and institutions that misallocate resources across farms have the potential to account for the remaining differences. Exploiting within-country variation in crop-specific price distortions and their correlation with farm size, we construct a cross-country measure of farm-size distortions which together with aggregate factors accounts for one-half of the cross-country differences in size and productivity. (JEL D24, J24, J43, L11, O13, Q12, Q18)
In: NBER Working Paper No. w23039
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