Semantic Scholar Open Access 2014 338 sitasi

Fertilizing growth: Agricultural inputs and their effects in economic development

J. McArthur Gordon C. McCord

Lihat Sumber DOI

Abstrak

This paper estimates the role of agronomic inputs in cereal yield improvements and the consequences for countries' processes of structural change. The results suggest a clear role for fertilizer, modern seeds and water in boosting yields. We then test for respective empirical links between agricultural yields and economic growth, labor share in agriculture and non-agricultural value added per worker. The identification strategy includes a novel instrumental variable that exploits the unique economic geography of fertilizer production and transport costs to countries' agricultural heartlands. We estimate that a half ton increase in staple yields generates a 14 to 19 percent higher GDP per capita and a 4.6 to 5.6 percentage point lower labor share in agriculture five years later. The results suggest a strong role for agricultural productivity as a driver of structural change.

Topik & Kata Kunci

Medicine Economics

Penulis (2)

J. McArthur

Gordon C. McCord

Format Sitasi

APA MLA BibTeX

McArthur, J., McCord, G.C. (2014). Fertilizing growth: Agricultural inputs and their effects in economic development. https://doi.org/10.1016/j.jdeveco.2017.02.007

Akses Cepat

Lihat di Sumber doi.org/10.1016/j.jdeveco.2017.02.007

Informasi Jurnal

Tahun Terbit: 2014
Bahasa: en
Total Sitasi: 338×
Sumber Database: Semantic Scholar
DOI: 10.1016/j.jdeveco.2017.02.007
Akses: Open Access ✓