Agricultural productivity and economic development

the contribution of clover to structural transformation in Denmark

Torben Dall Schmidt, Peter Sandholt Jensen*, Amber Naz

*Kontaktforfatter for dette arbejde

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Resumé

This paper contributes to the debate on the impact of agricultural productivity on long run economic development. It presents evidence that widespread adoption of clover contributed to local economic development based on a panel of 56 Danish market towns. We adopt a differences-in-differences approach augmented by an instrumental variable and find that the adoption of clover accounts for about 8 percent of the growth in market town population from 1672 to 1901. The analysis suggests that the effect of the adoption of clover on the process of development was mediated by its impact on human capital formation.

OriginalsprogEngelsk
TidsskriftJournal of Economic Growth
Vol/bind23
Udgave nummer4
Sider (fra-til)387–426
ISSN1381-4338
DOI
StatusUdgivet - 1. dec. 2018

Fingeraftryk

Agricultural economics
Agricultural productivity
Denmark
Structural transformation
Economic development
Human capital formation
Local economic development
Difference-in-differences
Instrumental variables

Citer dette

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Agricultural productivity and economic development : the contribution of clover to structural transformation in Denmark. / Dall Schmidt, Torben; Jensen, Peter Sandholt; Naz, Amber.

I: Journal of Economic Growth, Bind 23, Nr. 4, 01.12.2018, s. 387–426.

Publikation: Bidrag til tidsskriftTidsskriftartikelForskningpeer review

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