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c. Compare the agricultural employment share and agricultural labor productivity, both the level and the trend, between the two groups of countries (high-income vs. low-income countries). What can you tell about the differences? d. The theory in Lagakos and Waugh (2013) explains the low agricultural labor productivity in low-income countries with self-selection. Explain the main mechanism of the theory on how self-selection leads to low agricultural labor productivity in poor countries.

c. Compare the agricultural employment share and agricultural labor productivity, both the level and the trend, between the two groups of countries (high-income vs. low-income countries). What can you tell about the differences? d. The theory in Lagakos and Waugh (2013) explains the low agricultural labor productivity in low-income countries with self-selection. Explain the main mechanism of the theory on how self-selection leads to low agricultural labor productivity in poor countries.

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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c. Compare the agricultural employment share and agricultural labor productivity, both
the level and the trend, between the two groups of countries
(high-income vs. low-income countries). What can you tell about the differences?

d. The theory in Lagakos and Waugh (2013) explains the low agricultural labor productivity
in low-income countries with self-selection. Explain the main mechanism of the theory on
how self-selection leads to low agricultural labor productivity in poor countries.
 
(both c and d please)
 
Value 3000.00 2500.00 2000.00 1500.00 1000.00 500.00 0.00 Share of employment in low income countries 1991 1993 1995 1997 1999 2001 2003 2005 2007 2009 2011 2013 2015 2017 2019 YEAR Mozambique Haiti Afghanistan 90000.00 80000.00 70000.00 60000.00 50000.00 40000.00 30000.00 20000.00 10000.00 0.00 Share of Employment in high income countries 1991 1993 1995 1997 1999 2001 2003 2005 2007 2009 2011 2013 2015 2017 2019 United States of America Germany Japan
Transcribed Image Text:Value 3000.00 2500.00 2000.00 1500.00 1000.00 500.00 0.00 Share of employment in low income countries 1991 1993 1995 1997 1999 2001 2003 2005 2007 2009 2011 2013 2015 2017 2019 YEAR Mozambique Haiti Afghanistan 90000.00 80000.00 70000.00 60000.00 50000.00 40000.00 30000.00 20000.00 10000.00 0.00 Share of Employment in high income countries 1991 1993 1995 1997 1999 2001 2003 2005 2007 2009 2011 2013 2015 2017 2019 United States of America Germany Japan
Value 3000.00 2500.00 2000.00 1500.00 1000.00 500.00 0.00 Share of employment in low income countries 1991 1993 1995 1997 1999 2001 2003 2005 2007 2009 2011 2013 2015 2017 2019 YEAR Mozambique Haiti Afghanistan 90000.00 80000.00 70000.00 60000.00 50000.00 40000.00 30000.00 20000.00 10000.00 0.00 Share of Employment in high income countries 1991 1993 1995 1997 1999 2001 2003 2005 2007 2009 2011 2013 2015 2017 2019 United States of America Germany Japan
Transcribed Image Text:Value 3000.00 2500.00 2000.00 1500.00 1000.00 500.00 0.00 Share of employment in low income countries 1991 1993 1995 1997 1999 2001 2003 2005 2007 2009 2011 2013 2015 2017 2019 YEAR Mozambique Haiti Afghanistan 90000.00 80000.00 70000.00 60000.00 50000.00 40000.00 30000.00 20000.00 10000.00 0.00 Share of Employment in high income countries 1991 1993 1995 1997 1999 2001 2003 2005 2007 2009 2011 2013 2015 2017 2019 United States of America Germany Japan
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