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Full-Text Articles in International Economics

Accounting For The International Quantity-Quality Trade-Off, Juan Carlos Cordoba, Xiying Liu, Marla Ripoll Jan 2019

Accounting For The International Quantity-Quality Trade-Off, Juan Carlos Cordoba, Xiying Liu, Marla Ripoll

Economics Working Papers

We investigate what accounts for the observed international differences in schooling and fertil- ity, and draw lessons for the underlying sources of cross-country income differences. For this purpose, we extend a life-cycle dynastic model to include features relevant for schooling and fertility choices. Our approach allows for country-specific human capital technologies in addi- tion to differences in TFP, public education policies, and demographic factors. We find that differences in human capital production functions, specifically in the degree of complementarity of educational investments, are key to match schooling data, and result in novel estimates of human capital stocks and TFP levels ...


How To Create Conducive Institutions To Enable Agricultural Mechanization: A Comparative Historical Study From The United States And Germany, Thomas Daum, Wallace E. Huffman, Regina Birner Jun 2018

How To Create Conducive Institutions To Enable Agricultural Mechanization: A Comparative Historical Study From The United States And Germany, Thomas Daum, Wallace E. Huffman, Regina Birner

Economics Working Papers

Agricultural mechanization is now high on the policy agenda of many developing countries. History has shown that successful mechanization depends on an enabling environment providing various supporting functions, for example, knowledge and skills development and quality assurance. This paper analyses how this enabling environment was created during the mechanization history of two today’s mechanized countries, the United States and Germany, thereby distilling lessons for today’s mechanizing countries. The paper highlights the different roles played by government agencies (public sector), manufacturers of agricultural machinery (private sector) and farmers’ organizations (third sector) for the creation of this enabling environment. The ...