American Economic Review: Vol. 104 No. 6 (June 2014)

Expand

Quick Tools:

Print Article Summary
Export Citation
Sign up for Email Alerts Follow us on Twitter

Explore:

AER - All Issues

AER Forthcoming Articles

The Size Distribution of Farms and International Productivity Differences

Article Citation

Adamopoulos, Tasso, and Diego Restuccia. 2014. "The Size Distribution of Farms and International Productivity Differences." American Economic Review, 104(6): 1667-97.

DOI: 10.1257/aer.104.6.1667

Abstract

We study the determinants of di fferences 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 ¼ 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 diff erences. Exploiting within-country variation in crop-specifi c 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 ½ of the cross-country diff erences in size and productivity.

Article Full-Text Access

Full-text Article

Additional Materials

Online Appendix (269.57 KB) | Download Data Set (331.45 KB) | Author Disclosure Statement(s) (80.96 KB)

Authors

Adamopoulos, Tasso (York U, Toronto)
Restuccia, Diego (U Toronto)

JEL Classifications

D24: Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
J24: Human Capital; Skills; Occupational Choice; Labor Productivity
J43: Agricultural Labor Markets
L11: Production, Pricing, and Market Structure; Size Distribution of Firms
O13: Economic Development: Agriculture; Natural Resources; Energy; Environment; Other Primary Products
Q12: Micro Analysis of Farm Firms, Farm Households, and Farm Input Markets
Q18: Agricultural Policy; Food Policy


American Economic Review


Quick Tools:

Sign up for Email Alerts

Follow us on Twitter

Subscription Information
(Institutional Administrator Access)

Explore:

AER - All Issues

AER - Forthcoming Articles

Virtual Field Journals


AEA Member Login:


AEAweb | AEA Journals | Contact Us