The Role of Sectoral Technical Change in Development: Japan, 1880–1965

Mitoshi Yamaguchi and Hans Binswanger-Mkhize

American Journal of Agricultural Economics, 1975, vol. 57, issue 2, 269-278

Abstract: The goal of this study is to understand and measure the effect of differential rates of technical change in the agricultural and nonagricultural sector on per capita income growth and sectoral allocation of income and factors of production. A fairly simple dynamic general equilibrium model with an agricultural and nonagricultural sector was constructed along neoclassical lines (but including labor market imperfections) and applied to Japanese data from 1880 to 1965. Nonagricultural technical change contributed more to per capita income growth than agricultural technical change. The latter also tends to push resources, particularly labor, out of the agricultural sector.

Date: 1975
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Working Paper: THE ROLE OF SECTORAL TECHNICAL CHANGE IN DEVELOPMENT: JAPAN 1880-1965 (1974)
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Persistent link: https://EconPapers.repec.org/RePEc:oup:ajagec:v:57:y:1975:i:2:p:269-278.

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