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The Origins of Structural Transformation

dc.contributor.authorCaunedo, Julieta
dc.contributor.authorFelix, Mayara
dc.contributor.authorManysheva, Kristina
dc.coverage.spatialBrasiles_ES
dc.coverage.spatialAmérica Latina y el Caribe
dc.date.accessioned2025-08-29T22:03:16Z
dc.date.available2025-08-29T22:03:16Z
dc.date.issued2025-08-29
dc.identifier.citationCaunedo, J., Felix, M., & Manysheva, K. (2025, August 29). The Origins of Structural Transformation. Retrieved from https://scioteca.caf.com/handle/123456789/2516en_GB
dc.identifier.urihttps://scioteca.caf.com/handle/123456789/2516
dc.description.tableofcontentsThe study examines how labor market shocks originating in non-agriculture affect the organization of agricultural production. Using data from Brazil between 1986 and 2017, it shows that the entry of large non-agricultural firms leads to persistent increases in local wages, declines in agricultural employment, and a shift toward more capital-intensive farming. Farms consolidate, the number of small operations declines, and mechanization increases. To study the magnitude of this reorganization, we develop a general equilibrium model which predicts that a reduction in entry costs in non-agriculture leads to labor reallocation out of agriculture, farm exit, and capital deepening. When we hold mechanization fixed, these adjustments are substantially attenuated, highlighting the role of endogenous technology adoption as an important amplification mechanism.es_ES
dc.language.isoenes_ES
dc.subjectAgriculturaes_ES
dc.subjectEconomía
dc.titleThe Origins of Structural Transformationes_ES
dc.typeworkingPaperes_ES


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