TECHNOLOGY, FACTOR ENDOWMENT, PRICES AND THE RELATIVE DECLINE OF AGRICULTURE IN TAIWAN

Ling Sun, Lilyan Fulginiti and E. Wesley Peterson
Authors registered in the RePEc Author Service: Sun Ling Wang

No 21700, 1999 Annual meeting, August 8-11, Nashville, TN from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: This paper specifies an empirical model of the relative decline of the agricultural sector consistent with the neoclassical explanation. We utilize a production theory approach to analyze the effect of changes in relative prices, relative factor endowments and technical change on the share of agriculture in GDP in a growing economy. The model is estimated with time series data on the agricultural sector and nonagricultural sectors in Taiwan.

Keywords: Agribusiness; Productivity Analysis (search for similar items in EconPapers)
Pages: 12
Date: 1999
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea99:21700

DOI: 10.22004/ag.econ.21700

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