Jacopo Ponticelli

Northwestern University

Jacopo Ponticelli is an Associate Professor of Finance in the Kellogg School of Management at the Northwestern University. His research interests include law and finance, financial development, and economic growth. Jacopo holds a PhD in Economics from the Universitat Pompeu Fabra.

The introduction of labor-saving technologies in agriculture can release workers who find occupation in the manufacturing sector. The traditional view is that this structural transformation process leads to economic growth.

Several scholars argue that high agricultural productivity can retard industrial development because it draws resources toward the comparative advantage sector, agriculture.

In this paper, published in the American Economic Review, Bustos, Caprettini and Ponticelli (2016) study the effects of the adoption of new agricultural technologies on structural transformation.

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Jacopo Ponticelli

Researcher's Grant Projects

Researcher's Publications

Industrialization without Innovation

Capital Accumulation and Structural Transformation

Agricultural Productivity and Structural Transformation: Evidence from Brazil