Convergence in Us and EU Agriculture

Posted: 27 Jul 2000

See all articles by L. Gutierrez

L. Gutierrez

Università degli Studi di Sassari

Abstract

This paper finds strong and robust evidence of convergence of labour productivity in agriculture across all US states and 11 EU countries during 1970-1992. Moreover, off-farm migration has a positive effect on the speed of convergence, especially in the EU. Holding the off-farm migration rate constant, the speed of convergence for EU countries (2.9 per cent per year) is stronger than for US states (1.9 per cent per year). A convergence speed of 2.9 per cent means that an EU country needs about 10 years to eliminate one-quarter of the gap between its initial output per worker and its own steady state, and half a century to eliminate three-quarters of the gap.

Keywords: Growth, Labour Productivity, Convergence, Migration

JEL Classification: Q12, Q47, R11, R23

Suggested Citation

Gutierrez, Luciano, Convergence in Us and EU Agriculture. Available at SSRN: https://ssrn.com/abstract=231743

Luciano Gutierrez (Contact Author)

Università degli Studi di Sassari ( email )

Piazza Universita
Sassari, 07100
Italy

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