Perspectives on the Decelerating Agricultural society

Tai-Yoo Kim (), Almas Heshmati () and Jihyun Park
Additional contact information
Jihyun Park: Technology Management, Economics, and Policy Program (TEMEP); Seoul National University

No 200901, TEMEP Discussion Papers from Seoul National University; Technology Management, Economics, and Policy Program (TEMEP)

Abstract: In general, societies are divided into agricultural and industrial societies. This study presents perspectives on decelerating agricultural societies. Agricultural demand and supply play major roles in the development of societies. Three theories that describe an agricultural society and its deceleration patterns are described: the neo-classical production function and those articulated by Johnston and Mellor as well as induced innovation by Hayami and Ruttan. Two important cases of decelerating agricultural societies, medieval England and the U.S., are investigated through an examination of the process of agricultural society deceleration and ultimate replacement by an industrial society. The limitations of decelerating agricultural societies, with a focus on structural problems,impacts on industrial structure, and problems of agriculture in market and non-market areas, are discussed. The position of agriculture as described by economic development theory is established by analyzing the stages of economic development, the theory ofstructural change, and the theory of leading industry. Finally, the transition from an agricultural to a commercial society is described with a focus on the formation,development, value creation, and structural limitations of a commercial society.

Keywords: Agricultural development; agricultural society; commercial society; decelerating society; economic growth; induced innovation; simple reproduction. (search for similar items in EconPapers)
JEL-codes: L16 O11 O13 O47 (search for similar items in EconPapers)
Pages: 48 pages
Date: 2009-01, Revised 2009-01
New Economics Papers: this item is included in nep-agr
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://temep-repec.my-groups.de/DP-01.pdf First version, 2009 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:snv:dp2009:200901

Access Statistics for this paper

More papers in TEMEP Discussion Papers from Seoul National University; Technology Management, Economics, and Policy Program (TEMEP) Contact information at EDIRC.
Bibliographic data for series maintained by Jorn Altmann ().