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LAND MISALLOCATION AND PRODUCTIVITY

Raul Santaeulalia-Llopis (UA Barcelona)

13 avril 2017  -  11:00-12:30, salle Extranef 109

Host(s): Jurgen Maurer

Using detailed household-level data from Malawi on physical quantities of outputs and inputs in
agricultural production, we measure total factor productivity (TFP) for farms controlling for land
quality, rain, and other transitory shocks. We find that operated land size and capital are essentially unrelated to farm TFP implying substantial factor misallocation. The aggregate agricultural output gain from a reallocation of factors to their efficient use among existing farmers is a factor of 3.6-fold. We directly link factor misallocation to severely restricted land markets as the vast majority of land is allocated by village chiefs and not marketed. In particular, the output gain from reallocation are 2.6 times larger for farms with no marketed land than for farms that only operate marketed land.

Liste des prochaines séances

demain The New Keynesian Cross: Understanding Monetary Policy and Forward Guidance with Heterogeneous Households
Florin Bilbiie (Paris School of Economics)
11:30-13:00, salle Extranef 109

click here [↓] to go to the attached pdf

Plus d'information
20 décembre 2017 Seminar CANCELLED and postponed to May 30, 2018 - Eduardo Morales (Princeton University)
Host(s): Frederic Robert-Nicoud

click here [↓] to go to the attached pdf
21 février 2018 Jean-Robert Tyran (University of Vienna)
Host(s): Adrian Bruhin
11:00-12:30, salle Extranef 109

click here [↓] to go to the attached pdf
1er mars 2018 Andrea Ichino (EUI Florence)
Host(s): Elena Esposito
11:00-12:30

click here [↓] to go to the attached pdf
8 mars 2018 Nicola Gennaioli (Bocconi University)
Host(s): Dominic Rohner
11:00-12:30, salle Extranef 125

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21 mars 2018 Yves Sprumont (Université de Montréal)
Host(s): Bettina Klaus
11:00-12:30, salle Extranef 109

click here [↓] to go to the attached pdf
19 avril 2018 Nicole Maestas (Harvard University)
Host(s): Jürgen Maurer
11:00-12:30, salle Extranef 109

click here [↓] to go to the attached pdf
31 mai 2018 Monika Piazzesi (Stanford University)
Host(s): Jean-Paul Renne
11:00-12:30, salle Extranef 109

click here [↓] to go to the attached pdf
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