The Size Distribution of Farms and International Productivity Differences

成果类型:
Article
署名作者:
Adamopoulos, Tasso; Restuccia, Diego
署名单位:
York University - Canada; University of Toronto
刊物名称:
AMERICAN ECONOMIC REVIEW
ISSN/ISSBN:
0002-8282
DOI:
10.1257/aer.104.6.1667
发表日期:
2014
页码:
1667-1697
关键词:
Structural transformation Aggregate productivity institutions agriculture INEQUALITY geography
摘要:
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.