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Hal Neufmille
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@Antonin Lucas: Assuming that the technology doesn't change in earlier stages of development (and exhibits decreasing returns to labor input), productivity should rise because fewer workers exploit the same amount of land.
Commented Feb 27, 2011 on Another U-curve in economic development at Dani Rodrik's weblog
Another U-curve in economic development
During the course of research my co-author Maggie McMillan and I were doing on broad patterns of structural change, our research assistant Inigo Verduzco stumbled on an interesting stylized fact that is captured in the figure below. What it shows is that the relative productivity of agricultur...
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Feb 27, 2011
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