Agricultural Productivity, Trade, and Industrialisation

Gilles Duranton

Oxford Economic Papers, 1998, vol. 50, issue 2, 220-36

Abstract: Traditional development economics states that industrialization must be positively correlated with agricultural development as in the American and many European cases. However, some recent industrialization experiences suggests a negative link which can be supported by a simple Ricardian argument. Yet this argument is not consistent with the agricultural 'leap forward' that often occurred before industrialization took place. Here, the author develops a model in which, for a closed economy, industrialization follows rising agricultural productivity. For a small open economy, multiple equilibria are possible and industrialization tends to be associated with low agricultural productivity but is triggered by sudden changes in it. Copyright 1998 by Royal Economic Society.

Date: 1998
References: Add references at CitEc
Citations: View citations in EconPapers (6)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

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:oup:oxecpp:v:50:y:1998:i:2:p:220-36

Ordering information: This journal article can be ordered from
https://academic.oup.com/journals

Access Statistics for this article

Oxford Economic Papers is currently edited by James Forder and Francis J. Teal

More articles in Oxford Economic Papers from Oxford University Press Oxford University Press, Great Clarendon Street, Oxford OX2 6DP, UK.
Bibliographic data for series maintained by Oxford University Press ().