The Agriculture–Macroeconomy Growth Link in India, Pakistan, and Bangladesh: 1900–2000

Takashi Kurosaki
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Takashi Kurosaki: Hitotsubashi University

Chapter 8 in Agricultural Development in the World Periphery, 2018, pp 207-234 from Palgrave Macmillan

Abstract: Abstract Using a long-term dataset that correspond to the current borders for the period c.1900–2000, Chapter 8 investigates the agriculture–macroeconomy growth link in India, Pakistan, and Bangladesh. The empirical results show a long-term decline in the share of agriculture in GDP in all three regions, including the colonial period when per-capita GDP stagnated. They also show two structural changes. The first one occurred between pre- and post-1947 periods in India and Bangladesh. The portion of non-agricultural growth that can be attributable to agricultural growth increased substantially after Partition in 1947. The second one occurred around the 1970s–1980s in all the three countries, when non-agricultural growth that occurred autonomously became the main engine of macroeconomic growth.

Keywords: Agriculture and economic growth; Agricultural history of Indian subcontinent; Agriculture development (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palscp:978-3-319-66020-2_8

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DOI: 10.1007/978-3-319-66020-2_8

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