Download or read book Analysis of the Impact of Agricultural Sector on Economic Growth written by Divyam Mayawala and published by ProQuest. This book was released on 2008 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This study examines contribution of agriculture to economic growth using a panel data of 71 countries for the period 1985-2004. In order to account for differences in the level of economic growth in the selected economies, the data was divided into three categories based on income: low, middle and high income. The result of ordinary least squares (OLS) regression analysis show that agriculture plays a positive role in economic growth in the low income and the middle income countries. In contrast, the role of agriculture is found to be insignificant in the high income countries. The results of fixed effects analysis also support the positive role of agriculture in growth in the low income countries. Together, these results suggest that the role of the agricultural sector changes from a dominant sector to a declining sector when a country moves from a low or middle income status to high income category. As suggested in past studies, this result could be explained by the observed higher productivity in the industrial sector compared to agricultural sector. These results recommend that agriculture development should be given higher priority in the development strategy of low and middle income countries. In addition to agriculture, the impact of social, economic and political factors on economic growth were also investigated. There is empirical evidence indicating that gross capital formation enhances economic growth in all the three national income categories. Futhermore, the results show that increase in exports leads to increase in economic growth. This can be explained based on increased market size leading to economies of scale, and increased competition leading to higher efficiency. In contrast, the evidence for the impact of higher fertility rate is mixed. While higher fertility rate deters economic growth in the middle income countries, it promotes economic growth in the high income countries. This study also highlights the importance of high life expectancy. The results show that higher life expectancy promotes economic growth in all the income groups which may be due to an indication of better health of the population. Also, the secondary school enrollment ratio variable was found to be positively related with growth. Finally, the study examines the influence of political institutional factors on economic growth. These factors are corruption, government stability and investment profile. As expected, the results show that corruption is negatively associated with growth in middle income and high income countries. Furthermore, the combined analysis of all the countries revealed that corruption deters growth. OLS regression and fixed effects analyses show that higher investment risk deters growth in the middle income countries. Surprisingly, the results showed that government instability is associated with economic growth in the middle and high income countries.

Download or read book Agricultural Development and Economic Growth written by Herman McDowell Southworth and published by Ithaca, N.Y., Cornell U.P. This book was released on 1967 with total page 638 pages. Available in PDF, EPUB and Kindle. Book excerpt: Composite work on the relationship of rural development to economic growth, with particular reference to developing countries - covers economic implications of agrarian reform, land tenure, traditional social structures, human resources development, marketing, trade, price policy, taxation, agricultural policy, etc. Map, references and bibliographys.

Download or read book The Balance Between Industry and Agriculture in Economic Development written by Vadiraj R. Panchamukhi and published by Springer. This book was released on 1989-02-06 with total page 454 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume of papers from the Eighth World Congress deals with changes in proportions and growth rates of sectors of the economy in relation to economic development. It includes a survey of theories of sectoral balance and studies of structural transformation in the Kuznets traditon.

Download or read book World Development Report 2008 written by World Bank and published by World Bank Publications. This book was released on 2007-10-15 with total page 390 pages. Available in PDF, EPUB and Kindle. Book excerpt: The world's demand for food is expected to double within the next 50 years, while the natural resources that sustain agriculture will become increasingly scarce, degraded, and vulnerable to the effects of climate change. In many poor countries, agriculture accounts for at least 40 percent of GDP and 80 percent of employment. At the same time, about 70 percent of the world's poor live in rural areas and most depend on agriculture for their livelihoods. 'World Development Report 2008' seeks to assess where, when, and how agriculture can be an effective instrument for economic development, especially development that favors the poor. It examines several broad questions: How has agriculture changed in developing countries in the past 20 years? What are the important new challenges and opportunities for agriculture? Which new sources of agricultural growth can be captured cost effectively in particular in poor countries with large agricultural sectors as in Africa? How can agricultural growth be made more effective for poverty reduction? How can governments facilitate the transition of large populations out of agriculture, without simply transferring the burden of rural poverty to urban areas? How can the natural resource endowment for agriculture be protected? How can agriculture's negative environmental effects be contained? This year's report marks the 30th year the World Bank has been publishing the 'World Development Report'.

Download or read book Agriculture and Development written by Gudrun Kochendörfer-Lucius and published by World Bank Publications. This book was released on 2008-01-01 with total page 245 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book highlights proceedings from the Berlin 2008: Agriculture and Development conference held in preparation for the World Development Report 2008.

Download or read book Agriculture and the State written by C. Peter Timmer and published by Cornell University Press. This book was released on 1991 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: A dozen papers from an August 1989 international conference near Zurich explore the role of governments in improving the agriculture of developing countries, and how that affects overall industrial development. Annotation copyrighted by Book News, Inc., Portland, OR

Download or read book Sectoral Analysis of the Impact of Foreign Aid on Economic Growth in Ethiopia Time Series Analysis of Agriculture Education and Health Sectors written by Fikadu Goshu and published by diplom.de. This book was released on 2015-02-01 with total page 78 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study has examined sectoral analysis of the impact of foreign aid on aggregate and sectoral economic growth in Ethiopia over the period 1981 to 2012 using Multivariate Vector Auto Regression analysis. All the necessary time series tests such as stationary test, co-integration test, weak exiguity test, vector error correction, and causality test in vector error correction model and the like are conducted. The empirical result from the growth equation shows that aid has a significant positive impact on educational sector GDP growth in the long run. On the other hand, foreign aid has positive but insignificant impact on real GDP growth, agriculture GDP growth, and health sector GDP growth of Ethiopia for the period under consideration. Foreign aid is effective in enhancing economic growth at aggregate level of Ethiopia in general and education sector in particular. The result of the study reveals that there is a bi-directional causal relationship between educational GDP and educational foreign aid in Ethiopia. There is also a unidirectional causality between agricultural aid and agricultural GDP growth. However, the health sector does not show any causality with their respective sector aid. This implies that aid allocated for certain sectors is ineffective in achieving its objectives of economic growth. Therefore, aid recipient country like Ethiopia has to work how to enhance the domestic revenue raising capacity of the country which is at the heart of the mechanism to meet the capital required for the economy in times of short falls and ineffectiveness of external resources.

Download or read book Agricultural Development in the World Periphery written by Vicente Pinilla and published by Springer. This book was released on 2018-02-06 with total page 519 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book brings together analysis on the conditions of agricultural sectors in countries and regions of the world’s peripheries, from a wide variety of international contributors. The contributors to this volume proffer an understanding of the processes of agricultural transformations and their interaction with the overall economies of Africa, Asia and Latin America. Looking at the nineteenth and twentieth centuries – the onset of modern economic growth – the book studies the relationship between agriculture and other economic sectors, exploring the use of resources (land, labour, capital) and the influence of institutional and technological factors in the long-run performance of agricultural activities. Pinilla and Willebald challenge the notion that agriculture played a negligible role in promoting economic development in the nineteenth and twentieth centuries, when the impulse towards industrialization in the developing world was more impactful.

Download or read book Ghana s Economic and Agricultural Transformation written by Xinshen Diao and published by Oxford University Press. This book was released on 2019 with total page 310 pages. Available in PDF, EPUB and Kindle. Book excerpt: Using Ghana as a case study, this work integrates economic and political analysis to explore the challenges and opportunities of Africa's growth and transformation.

Download or read book Agricultural Research and Technology in Economic Development written by Per Pinstrup-Andersen and published by Longman Publishing Group. This book was released on 1982 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt: Food and agriculture in the developing countries; Agricultural research, economic growth and improving living standards: the relationships; Agricultural research in developing countries; International agricultural research for the developing countries; Economic returns to agricultural research and modern technology; Distribution of economic benefits from agricultural research and technology; The role of fertilizers; Environmental effects of modern technology; Measures to enhance the research contribution; The need for external assistance.

Download or read book Beyond Food Production written by Fabrizio Bresciani and published by Food & Agriculture Org.. This book was released on 2007 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: The importance of agricultural growth to poverty reduction is well known, but the specific channels through which the poor can take advantage of growth require further research. Bresciani and Valdâs investigate four important channels: rural labour markets, farm incomes, food prices, and linkages to other economic sectors. Part 1 looks at the synthesis and theoretical background and part 2 is country case studies

Download or read book The role of agriculture in economic development Focusing on linkages beyond agriculture written by Veena Soni and published by GRIN Verlag. This book was released on 2020-06-19 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt: Academic Paper from the year 2020 in the subject Economics - Economic Cycle and Growth, , language: English, abstract: Those of us who preach the gospel of agriculture with evangelical zeal find the text compelling and convincing. We are regularly possessed by the spirit only to look around and see out colleagues, in other sectors, in country management, or even our senior management doubting, yawning or subtly edging towards the door. We face the implicit query, “If agriculture can do such great things, why have they not yet happened?” The past decade has been one of agro-pessimism. The promises that agricultural development seem to hold did not materialise. This pessimism seemed to coincide with pessimism about Sub-Saharan Africa. Especially for Sub-Saharan Africa the hope was that economic development would be brought about by agricultural development. After the success of the green revolution in Asia, the hope was that a similar agricultural miracle would transform African economies. But this hope never materialised, agricultural productivity did not increase much in SSA, and worse, the negative effects of the green revolution in Asia became more apparent, such as pesticide overuse and subsequent pollution. Also in Asia the yield increases tapered off. The sceptics put forward several arguments why agriculture is no longer an engine of growth. For instance, the liberalisation of the 1990s and greater openness to trade has lead to a reduction in the economic potential of the rural sector: cheap imported Chinese plastic buckets out compete the locally produced pottery. On the other hand, it does mean cheaper (imported) supplies. With rapid global technical change and increasingly integrated markets, prices fall faster than yields rise. So, rural incomes fall despite increased productivity if they are net producers. The integration of rural with urban areas means that healthy young people move out of agriculture, head to town, leaving behind the old, the sick and the dependent. It is often also the men who move to urban areas, leaving women in charge of the farm. This has resulted in the increased sophistication of agricultural markets (and value chains) which excludes traditional smallholders, who are poorly equipped to meet the demanding product specifications and timeliness of delivery required by expanding supermarkets. The natural resource base on which agriculture depends is poor and deteriorating.

Download or read book Impact of Agricultural Sector on Economic Growth in Nigeria written by Ben Chidubem Chukwu and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study examined the impact of agricultural sector on economic growth in Nigeria (1981-2020). The main objective of the study is to examine the impact of agricultural sector on economic growth in Nigeria. The study used multiple regressions. The variables under consideration were real gross domestic product as the dependent variable while crop production, livestock production, forestry production and fish production are the independent variables. The Ordinary Least Square (OLS) technique was used in estimating the relationship between the dependent and independent variables. The research result Crop production and livestock production have significant impacts on economic growth in Nigeria. Forestry production and fish production have no significant impacts on economic growth in Nigeria. All the independent variables have positive relationship with economic growth in Nigeria respectively, which implies that as crop production, livestock production, forestry production, and fish production increases, real gross domestic product increase. There is no causality relationship between crop production and economic growth in Nigeria. There is no causality relationship between livestock production and economic growth in Nigeria. There is a unidirectional causality relationship flowing from forestry production to real gross domestic product, between forestry production and economic growth in Nigeria. There is no causality relationship between fish production and economic growth in Nigeria. Based on the findings of the work, the study recommends that there is the need for the Nigerian government and its citizenry to concentrate their combined efforts towards increasing the productivity capacity of the crops with the aim of promoting food security and economic growth among others.

Download or read book Agricultural Policy Analysis written by Jeevika Weerahewa and published by Springer Nature. This book was released on 2022-04-09 with total page 492 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is centred around various interwoven topics which are fundamental to policy analysis in agriculture. Key concepts and tools that are fundamental for the analysis of agricultural policies and programmes are presented. Key concepts introduced include, the role of the state in a market economy with examples from the Sri Lankan and other developing economies, the international trade environment, and conceptual frameworks for analysing important domestic and international trade policies. It also highlights interconnections among agriculture, development, policy and illustrates the extent to which the agricultural sector contributes in achieving economic growth objectives, equity and equality objectives and environmental objectives. The book takes the readers through the nature of agricultural markets in developing countries, with special emphasis on Sri Lanka, and illustrates how the degree of competitiveness is measured at various market levels using multiple indices and methods. Several tools, with accompanying case studies, for the analysis of policies and programmes are detailed. These tools include the GTAP model, gravity models, extended benefit cost analysis, and linear programming. Tools and models are applied to the analysis of trade policies and agreements, marketing policies, environmental services, extension programmes, land tenure reforms and climate change adaptations. Case studies in relation to the agri-food policy and strategy response to COVID-19 Pandemic are also covered. This book is of interest to public officials working in agricultural planning and agricultural policy, teachers, researchers, agro-economists, capacity builders and policymakers. Also the book serves as additional reading material for undergraduate and graduate students of agriculture, development studies, and environmental sciences. National and international agricultural scientists, policy makers will also find this to be a useful read.

Download or read book Agricultural Development written by Yūjirō Hayami and published by . This book was released on 1985 with total page 548 pages. Available in PDF, EPUB and Kindle. Book excerpt: Introduction; Problems and theory; Agriculture in economic development theories; Theories of agricultural development; Toward a theory of technical and institutional change; International comparisons; International comparisons of agricultural productivity; Sources of agricultural productivity differences among countries; Agricultural growth in the United States and Japan; Resource constraints and technical change; Science and progress in agriculture; Can growth be trasferred?; International transfer of agricultural technology; Technology transfer and land infrastructure; Retrospect and prospect; Growth and equity in agricultural development; Disequilibrium in world agriculture; Agricultural transformation and economic growth; Appendixes.

Download or read book Agricultural Development and Economic Transformation written by John W. Mellor and published by Springer. This book was released on 2017-10-17 with total page 266 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the role of agriculture in the economic transformation of developing low- and middle-income countries and explores means for accelerating agricultural growth and poverty reduction. In this volume, Mellor measures by household class the employment impact of alternative agricultural growth rates and land tenure systems, and impact on cereal consumption and food security. The book provides detailed analysis of each element of agricultural modernization, emphasizing the central role of government in accelerated growth in private sector dominated agriculture. The book differs from the bulk of current conventional wisdom in its placement of the non-poor small commercial farmer at the center of growth, and explains how growth translates into poverty reduction. This new book is a follow up to Mellor’s classic, prize-winning text, The Economics of Agricultural Development. Listed as a Best Books of 2017: Economics by Financial Times.

Download or read book Subsistence Agriculture and Economic Development written by Jr. Wharton and published by Routledge. This book was released on 2017-07-28 with total page 965 pages. Available in PDF, EPUB and Kindle. Book excerpt: One of the more perplexing problems of economic development is helping subsistence farmers break away from production simply for home consumption to become commercial farmers, producing more and more for sale in the marketplace. Although subsistence farms occupy 40 percent of the worlds cultivated land and support half of mankind, facts about them and programs to increase their output are scattered. Subsistence Agriculture and Economic Development provides a unique overview of these difficulties and their significance to economic development. It is the first book to subject subsistence agriculture to rigorous multi-disciplinary examination and to bring to light new theory and empirical evidence directed toward solving the problem.This volume contains original chapters by forty leading social scientists and agricultural specialists who summarize contemporary theory, fact, and policy on the problems of developing agriculture from subsistence to a commercial basis. Each contributor speaks from one or more of the relevant standpoints of economics, sociology, agronomy, political science, anthropology, and social psychology. There emerges a clear, meaningful picture of the subsistence farmer and the problems involved in changing his attitudes, methods of production, and economic and social environment.Broad in scope, documented with pertinent case studies, and far-reaching in its guidelines for future research and policy, this work should be read by all concerned with increasing food production and with economic development. This is an area of special concern in the uses of food products as the basis for new energy resources - an issue of increasing importance in the advancing use of ethanol as a fuel drawn from corn products.