Causes Of Rural Economic Development
AbstractThis paper investigates the sources of growth in agricultural value-added (GDP) and rural household incomes using a sample of developing countries. The main factors are: (i) providing macroeconomic and political stability; (ii) institutions establishing property rights and incentives; (iii) access to competitive input markets and remunerative output markets; and (iv) adoption of productivity-enhancing technology, and (v) real income growth in the non-agricultural economy. The evidence indicates a surprisingly large role of the fifth of these.
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Bibliographic InfoPaper provided by University of Maryland, Department of Agricultural and Resource Economics in its series Working Papers with number 28559.
Date of creation: 2003
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