The Potentials of Agro-Industry for Growth Promotion and Equality Improvement in Indonesia
AbstractDespite its significant roles in accumulating and sustaining growth, agriculture’s contribution to GDP and employment inevitably decreases as the economy grows. One possible strategy to promote the welfare of the agricultural sectors as well attain overall economic growth is by the development of agro-industry. Earlier research findings have contended that agro-industry improves income equality while still maintaining economic growth. This article uses empirical data in a Social Accounting Matrix (SAM) framework to verify these findings. The results reveal that agro-industry is indeed an appropriate vehicle for pursuing the goals of growth promotion and income equality.
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Bibliographic InfoArticle provided by Southeast Asian Regional Center for Graduate Study and Research in Agriculture in its journal Asian Journal of Agriculture and Development.
Volume (Year): 4 (2007)
Issue (Month): 1 (June)
Note: ORDER INFORMATION. Dr. Lorna C. Malicsi, SEARCA, College, Los Baños, Laguna, Philippines. E-mail:
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Postal: College 4031, Laguna, Philippines
Phone: (63-49) 536-2365
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agro-industry; Social Accounting Matrix (SAM); growth;
Find related papers by JEL classification:
- O12 - Economic Development, Technological Change, and Growth - - Economic Development - - - Microeconomic Analyses of Economic Development
- O13 - Economic Development, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
- Q16 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - R&D; Agricultural Technology; Biofuels; Agricultural Extension Services
- Q10 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - General
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