Development models, agricultural policies, and agricultural growth: Peru, 1950-2010

Jackeline Velazco and Vicente Pinilla

Documentos de Trabajo de la Sociedad de Estudios de Historia Agraria from Sociedad de Estudios de Historia Agraria

Abstract: Throughout its history, Peru, as a small open economy, has undergone cycles of crisis and recovery, usually linked to fluctuations in the international market. The Peruvian economy has always been an exporter of primary products and an importer of manufactured goods This paper has a two-fold aim: to identify the salient characteristics of the development models and policies affecting Peruvian agriculture since the mid-twentieth century, and to identify what effect they have had on agricultural production and productivity based on an estimation of total-factor productivity (TFP) for the 1950-2010 period.Development strategy models have ranged from the diversification of primary exports, to import-substitution industrialisation, and the promotion of non-traditional exports, which is the current model. These strategies have determined the outcome for agriculture.

Keywords: Peruvian economic history; Peruvian agriculture; development models; Latin American economic history; agricultural growth (search for similar items in EconPapers)
JEL-codes: N56 O47 Q10 Q54 (search for similar items in EconPapers)
Pages: 26 pages
Date: 2017-07
New Economics Papers: this item is included in nep-agr, nep-eff and nep-his
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Chapter: Development Models, Agricultural Policies and Agricultural Growth: Peru, 1950–2010 (2018)
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