Farm work, home work and international productivity differences

Douglas Gollin, Stephen L. Parente, Richard Rogerson

Research output: Contribution to journalArticlepeer-review

Abstract

Agriculture's share of economic activity is known to vary inversely with a country's level of development. This paper examines whether extensions of the neoclassical growth model can account for some important sectoral patterns observed in a current cross section of countries and in the time series data for currently rich countries. We find that a straightforward agricultural extension of the neoclassical growth model fails to account for important aspects of the cross-country data. We then introduce a version of the growth model with home production, and we show that this model performs much better.

Original languageEnglish (US)
Pages (from-to)827-850
Number of pages24
JournalReview of Economic Dynamics
Volume7
Issue number4
DOIs
StatePublished - Oct 2004

ASJC Scopus subject areas

  • Economics and Econometrics

Fingerprint Dive into the research topics of 'Farm work, home work and international productivity differences'. Together they form a unique fingerprint.

Cite this