Extensive versus Intensive Agricultural Development: Induced Public Investment in Southeast Asia, 1900–1940

David Feeny

The Journal of Economic History, 1983, vol. 43, issue 3, 687-704

Abstract: Kikuchi and Hayami found that irrigation investments were undertaken in East and Southeast Asia when the costs of increasing output through irrigating were lower than through bringing more land under cultivation. In Thailand, however, despite the lower costs of irrigation, the investments were postponed for several decades. The delay was due to a divergence between national security and economic development goals and to a conflict of private versus public interests. The results highlight the importance of the returns to decision makers in determining the amount and timing of public investments.

Date: 1983
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.cambridge.org/core/product/identifier/ ... type/journal_article link to article abstract page (text/html)

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:cup:jechis:v:43:y:1983:i:03:p:687-704_03

Access Statistics for this article

More articles in The Journal of Economic History from Cambridge University Press Cambridge University Press, UPH, Shaftesbury Road, Cambridge CB2 8BS UK.
Bibliographic data for series maintained by Kirk Stebbing ().