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The Relationship Between The Agricultural And Industrial Sectors In Chinese Economic Development

Author

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  • Koo, Won W.
  • Lou, Jianqiang

Abstract

This study examined the interdependency between Chinese agricultural and industrial sectors. A dual economic model was developed to investigate the relationship between the two sectors and factors affecting Chinese economic development. The study reveals traditional inputs, such as labor, are still important to Chinese economic development. Capital investment contributed significantly to the growth of the Chinese industrial sector, but not to the agricultural sector. The results also suggest that foreign trade has made a significant contribution to Chinese economic development. It was found that the growth of the Chinese agricultural sector depends on its industrial growth, but the growth of the Chinese industrial sector does not rely on the agricultural growth.

Suggested Citation

  • Koo, Won W. & Lou, Jianqiang, 1997. "The Relationship Between The Agricultural And Industrial Sectors In Chinese Economic Development," Agricultural Economics Reports 23176, North Dakota State University, Department of Agribusiness and Applied Economics.
    • Handle: RePEc:ags:nddaer:23176
    DOI: 10.22004/ag.econ.23176
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    File URL: https://ageconsearch.umn.edu/record/23176/files/aer368.pdf
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    Cited by:

    1. Kelvin Mulungu & John N. Ng’ombe, 2017. "Sources of Economic Growth in Zambia, 1970–2013: A Growth Accounting Approach," Economies, MDPI, vol. 5(2), pages 1-23, May.
    2. Eze Simpson Osuagwu, 2020. "Empirical Evidence of a Long-Run Relationship Between Agriculture and Manufacturing Industry Output in Nigeria," SAGE Open, , vol. 10(1), pages 21582440198, January.
    3. Akpan, Sunday Brownson & Udoka, Samuel James & Okon, Uwemedimo Eyo, 2014. "Examination Of Empirical Relationships Between Industrial Activities And Agricultural Policy Outputs In Nigeria (1970-2012)," International Journal of Food and Agricultural Economics (IJFAEC), Alanya Alaaddin Keykubat University, Department of Economics and Finance, vol. 2(1), pages 1-9, January.
    4. durongkaveroj, wannaphong & Roongsaprangsee, chamaiporn, 2014. "Labor Movement and Economic Contribution : Evidence from Europe," MPRA Paper 55933, University Library of Munich, Germany.
    5. Kebede, Selamawit G. & Heshmati, Almas, 2023. "Sectoral Linkage in the Ethiopian Economy: A Social Accounting Matrix Multiplier Analysis," IZA Discussion Papers 15845, Institute of Labor Economics (IZA).

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    Keywords

    International Development;

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