Resource Transfers from Agriculture

M. Agnes, Agnes Quisumbing and Lance Taylor
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M. Agnes: University Of the Philippines

Chapter 6 in The Balance between Industry and Agriculture in Economic Development, 1989, pp 116-145 from Palgrave Macmillan

Abstract: Abstract A central dogma in development economics stressed the role of resource transfers from agriculture in the process of structural transformation: saving from the sector is supposed to support the major proportion of capital formation, especially at low levels of per capita income. In the absence of substantial external aid, reliance on agricultural resource transfers appears to be the inevitable course for a predominantly agricultural developing country.

Keywords: Gross Domestic Product; Food Price; Capital Formation; Ivory Coast; Gross National Product (search for similar items in EconPapers)
Date: 1989
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Persistent link: https://EconPapers.repec.org/RePEc:pal:intecp:978-1-349-10274-7_6

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DOI: 10.1007/978-1-349-10274-7_6

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