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Technology, Factor Endowment, Prices And The Relative Decline Of Agriculture In Taiwan

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Author Info
Sun, Ling
Fulginiti, Lilyan
Peterson, E. Wesley

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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.

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Publisher Info
Paper provided by American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association) in its series 1999 Annual meeting, August 8-11, Nashville, TN with number 21700.

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Date of creation: 1999
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Handle: RePEc:ags:aaea99:21700

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Related research
Keywords: Agribusiness; Productivity Analysis;

References listed on IDEAS
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  1. Martin, Will J. & Warr, Peter G., 1994. "Determinants of agriculture's relative decline: Thailand," Agricultural Economics, Blackwell, vol. 11(2-3), pages 219-235, December. [Downloadable!] (restricted)
  2. Martin, Will & Warr, Peter G, 1993. "Explaining the Relative Decline of Agriculture: A Supply-Side Analysis for Indonesia," World Bank Economic Review, Oxford University Press, vol. 7(3), pages 381-401, September.
  3. Fuess, Scott Jr. & Van den Berg, Hendrik, 1996. "Transactional activities and total factor productivity growth in Taiwan," Journal of Asian Economics, Elsevier, vol. 7(4), pages 635-650. [Downloadable!] (restricted)
  4. James Harrigan, 1996. "Technology, Factor Supplies and International Specialization: Estimating the Neoclassical Model," NBER Working Papers 5722, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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This page was last updated on 2009-12-26.


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