@article{8f60cc59e257479db3d0340ee5e93d50,
title = "Farm work, home work and international productivity differences",
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.",
author = "Douglas Gollin and Parente, {Stephen L.} and Richard Rogerson",
note = "Funding Information: We thank Lee Alston, Bob Evenson, Ed Prescott and an anonymous referee for their comments. We have also benefitted from the comments of participants at the 1998 NEUDC meetings; the 1999 Econometric Society winter meetings; and the 1999 meetings of the Society for Economic Dynamics. Versions of this paper were presented at seminars at the Federal Reserve Bank of Minneapolis, the University of California at Davis, University of Illinois, University of Pennsylvania, Yale University, Purdue University, the Board of Governors, and Williams College. All errors are our own. Part of this work was done while Gollin was visiting the Economic Growth Center at Yale. Rogerson acknowledges support from the NSF. We thank Stephanie Sewell for helpful research assistance.",
year = "2004",
month = oct,
doi = "10.1016/j.red.2004.05.003",
language = "English (US)",
volume = "7",
pages = "827--850",
journal = "Review of Economic Dynamics",
issn = "1094-2025",
publisher = "Academic Press Inc.",
number = "4",
}