Capital is a fundamental component of agricultural production, and the accumulation of capital is key to growth in agriculture and the process of development. Unfortunately, cross-country data sets on...
The paper presents empirical analysis of a panel of countries to estimate an agricultural production function using a measure of capital in agriculture absent from most studies. The authors employ a heterogeneous...
Using time series data spanning three decades, the authors examine the determinants of sectoral migration in Indonesia, Thailand and the Philippines. They employ a principal components algorithm to address...
Understanding patterns of economic growth: searching for hills among plateaus, mountains, and plains, by Lant Pritchett. Macroeconomic fluctuations in developing countries: some stylized facts, by Pierre-Richard...
In this paper, the authors document a new database on sectoral investment and capital, providing details about sources of investment data and the method used to convert those data series into capital stock...
In this analysis of capital's role in agricultural production, a new construction of data on capital allowed the authors to advance the cross-country study of production functions. The model reveals the...
A comprehensive examination of data from many countries shows that in 1967-92, eighty-one percent of the world's population lived in countries where agricultural growth exceeded population growth. Moreover...
Labor is the single most important factor in determining national income. As economies grow, agricultural labor declines as a share of total labor and converges to a level of 2 or 3 percent. Off-farm migration...
Measuring the independence of central banks and its effect on policy outcomes. On the transmission of world agricultural prices. How small enterprises in Ghana have responded to adjustment. The dynamics...
This report is part of an attempt to model the global markets for primary commodities and to use these models for forecasting purposes as well as for policy analysis. In a free market, domestic prices...
Do African countries pay more for imports? - Yes. Investment incentives: new money, debt relief, and the critical role of conditionality in the debt crisis. Debt relief: implications of secondary market...