The Contribution of Agriculture to Economic Growth: Some Empirical Evidence

Erh-Cheng Hwa
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Erh-Cheng Hwa: The World Bank

Chapter 5 in The Balance between Industry and Agriculture in Economic Development, 1989, pp 106-126 from Palgrave Macmillan

Abstract: Abstract Despite the dominant position occupied by the agricultural sector in a traditional economy, many parts of the developing world have continuously denied agricultural and rural development adequate attention. This bias has often led to stagnant agriculture that, in turn, has resulted in large shortfalls in domestic food production, balance of payment crises, and political instability.1 For a primitive agrarian economy, it is doubtful whether industrialisation can succeed without the prior or concurrent emergence of a productive agricultural sector.

Keywords: Production Function; Capita Income; Total Factor Productivity; Average Annual Growth Rate; Average Annual Rate (search for similar items in EconPapers)
Date: 1989
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DOI: 10.1007/978-1-349-19746-0_5

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