Measuring the Impact of Agricultural Growth on Economic Transformation
John W. Mellor
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John W. Mellor: Cornell University
Chapter Chapter 3 in Agricultural Development and Economic Transformation, 2017, pp 29-46 from Palgrave Macmillan
Abstract:
Abstract This chapter measures the impact of rapid growth in agricultural production on income, employment, and food security. It does so by accommodating the variables described in Chap. 2 in a spreadsheet and calculating and comparing the effect of a six percent and a three percent growth rate in agricultural production. The methodology is presented, followed by application to three percent and six percent agricultural production growth rates and then the effect of converting feudal land holdings to small commercial farms. The applications are to Ethiopia and two quite different provinces in Pakistan. A sensitivity test of change in the employment elasticities is carried out and the results sensitive to that assumption are shown.
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:pal:psachp:978-3-319-65259-7_3
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DOI: 10.1007/978-3-319-65259-7_3
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