Agricultural distortions and structural change

Richard Grabowski

Journal of Asian Economics, 2013, vol. 24, issue C, 17-25

Abstract: Many developing countries have chosen to use a variety of policy instruments to transfer resources out of agriculture and to the manufacturing and, in some countries, the service sector. It will be argued in this paper that such policies slow structural change, create incentives for capital intensive production in non-agricultural sectors, and slow the process of technical innovation in agriculture. These arguments will be illustrated by examining the recent growth experience in India.

Keywords: Structural change; Agriculture; Policy distortions (search for similar items in EconPapers)
JEL-codes: O10 O13 (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:asieco:v:24:y:2013:i:c:p:17-25

DOI: 10.1016/j.asieco.2012.10.002

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