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Use the reading on the Production Function Model with Sector Misallocation across agriculture and non-agriculture. Use the data facts from 1985 shown in the reading
Use the reading on the Production Function Model with Sector Misallocation across agriculture and non-agriculture. Use the data facts from 1985 shown in the reading and record those data-consistent values we calculated for the model, assuming that ! " = 100. The data shows a more significant gap in labor productivity across sectors. Suppose that the between-sector labor productivity gap in poor countries is the same as in rich countries
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