Green Revolutions and Miracle Economies : Agricultural Innovation, Trade and Growth
AbstractThe purpose of this paper is to develop a simple model of an economy in which growth is driven by a combination of exogenous technical change in agriculture as well as by a rising world demand for labor-intensive manufactured exports. We explore the relative roles of agricultural innovation and rising export demand in a model with two traded industrial goods and a non-traded agricultural good, food. When the non-traded sector uses a specific factor, we show that technical change in agriculture may be the key to sustained factor accumulation in industry, in particular driving intersectoral labor migration. A key assumption is a less than unitary price elasticity of demand for food. Our results could form a crucial link in capturing the story of labor-abundant economies which experienced structural transformation and growth through labor-intensive manufactured exports, without prior technology breakthroughs in industry. They contribute to explaining the massive growth in factor accumulation which shows up in some growth accounting studies : they may also imply that some of the contribution of “technical progress” is mistakenly attributed solely to factor accumulation.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by Singapore Management University, School of Economics in its series Working Papers with number 20-2005.
Length: 20 pages
Date of creation: Sep 2005
Date of revision:
Publication status: Published in SMU Economics and Statistics Working Paper Series
Other versions of this item:
- Brishti Guha, 2006. "Green revolutions and miracle economies: Agricultural innovations, trade and growth," The Journal of International Trade & Economic Development, Taylor & Francis Journals, vol. 15(2), pages 209-230.
- Brishti Guha, 2005. "Green Revolutions and Miracle Economies : Agricultural Innovation, Trade and Growth," Development Economics Working Papers 22424, East Asian Bureau of Economic Research.
- O3 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights
- O4 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity
- F1 - International Economics - - Trade
This paper has been announced in the following NEP Reports:
- NEP-AGR-2006-09-30 (Agricultural Economics)
- NEP-ALL-2006-09-30 (All new papers)
- NEP-INO-2006-09-30 (Innovation)
- NEP-INT-2006-09-30 (International Trade)
- NEP-SEA-2006-09-30 (South East Asia)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Kiminori Matsuyama, 1990.
"Agricultural Productivity, Comparative Advantage, and Economic Growth,"
934, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- Matsuyama, Kiminori, 1992. "Agricultural productivity, comparative advantage, and economic growth," Journal of Economic Theory, Elsevier, vol. 58(2), pages 317-334, December.
- Kiminori Matsuyama, 1991. "Agricultural Productivity, Comparative Advantage and Economic Growth," NBER Working Papers 3606, National Bureau of Economic Research, Inc.
- Krugman, Paul, 1991.
"Increasing Returns and Economic Geography,"
Journal of Political Economy,
University of Chicago Press, vol. 99(3), pages 483-99, June.
- Brishti Guha, 2005. "Female labour force participation and labour saving gadgets," The Journal of International Trade & Economic Development, Taylor & Francis Journals, vol. 14(4), pages 483-495.
- repec:fth:stanho:e-92-3 is not listed on IDEAS
- Pasquale M. Sgro & Jean-Jacques Nowak & Mondher Sahli, 2004.
"Tourism, Trade and Domestic Welfare,"
2004.24, Fondazione Eni Enrico Mattei.
- Young, Alwyn, 1995. "The Tyranny of Numbers: Confronting the Statistical Realities of the East Asian Growth Experience," The Quarterly Journal of Economics, MIT Press, vol. 110(3), pages 641-80, August.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (QL THor).
If references are entirely missing, you can add them using this form.