Models of Economic Growth and Land-Augmenting Technological Change in Foodgrain Production

John W. Mellor
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John W. Mellor: Cornell University

Chapter 1 in Agricultural Policy in Developing Countries, 1974, pp 3-40 from Palgrave Macmillan

Abstract: Abstract Technological change in foodgrain production as epitomised by the ‘green revolution’ holds potential for substantial acceleration of overall rates of economic growth and change to a pattern of growth favourable to the low-income labouring classes [32].2 Large additions to agricultural production increase the supply of wages goods, and hence the potential for increased employment. Furthermore, the net additions to national income expand the demand for goods and services and increase employment in the non-foodgrains sectors [42]. The nature and extent of these influences depends significantly on the initial distribution of income from the increased foodgrain production, which is in turn importantly influenced by the nature of the underlying technological change. These phenomena appear sufficiently important to merit analysis in models of economic growth and sufficiently complex to appeal to the aesthetic tastes of model-builders.

Date: 1974
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DOI: 10.1007/978-1-349-63663-1_1

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