The Interface of Agricultural and Industrial Growth in the Development Process: Some Facets of the Indian Experience

Ashok Mathur

Development and Change, 1990, vol. 21, issue 2, 247-280

Abstract: This paper uses national, regional and sub‐regional time series and cross‐sectional data to show that the direct statistical relationship between agricultural and industrial growth is weaker than would be expected. To explain the gap between theoretical expectations and empirical results, the roles of lagged responses, the terms of trade effect, wage‐price movements, initial agricultural productivity, income distribution and some non‐agricultural factors as determinants of industrial growth are assessed. Adequate agricultural growth is important for price stabilization policy and has direct welfare implications for poorer segments of the population. Further, an appropriate policy towards non‐agricultural determinants of industrial growth is needed in order to maximize the impact of agricultural growth on industrial development.

Date: 1990
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
https://doi.org/10.1111/j.1467-7660.1990.tb00377.x

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bla:devchg:v:21:y:1990:i:2:p:247-280

Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=0012-155X

Access Statistics for this article

More articles in Development and Change from International Institute of Social Studies
Bibliographic data for series maintained by Wiley Content Delivery ().