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Marketed Surplus Function of Major Agricultural Commodities in Pakistan

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  • MOHAMMAD RAQUIBUZZAMAN

    (Pakistan Institute of Development Economics)

Abstract

The marketed surplus of agricultural commodities plays a significant role in the economic development of a low-income country where agriculture is the principal source of income. This surplus is the main source of capital accumulation, since it provides the basic wage goods to the urban sector. A rise in the marketed surplus makes the terms of trade favourable to the urban sector which enables it to enhance the size of its profits. This, in tum, helps the rapid growth of the economy. The marketed surplus not only provides the nonagricultural sector with food, but also enables it to get raw materials, liquid capital and foreign exchange. It reduces the need for importing food-stuffs and thus relieves pressures on the balance of payments. The role of marketed surplus in economic development is so well known that further elaboration is superfluous

Suggested Citation

  • Mohammad Raquibuzzaman, 1966. "Marketed Surplus Function of Major Agricultural Commodities in Pakistan," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 6(3), pages 376-394.
    • Handle: RePEc:pid:journl:v:6:y:1966:i:3:p:376-394
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    File URL: http://www.pide.org.pk/pdf/PDR/1966/Volume3/376-394.pdf
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    Cited by:

    1. Jabbar, Mohammad A., 2009. "Estimation of Private Stock of Rice in Bangladesh:In Search of a Practicable Methodology," Research Reports 208729, International Livestock Research Institute.
    2. Mahmood Hasan Khan, 1981. "The Political Economy of Agricultural Research in Pakistan," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 20(2), pages 191-213.
    3. Rifin, Amzul, 2021. "Marketed Surplus of Indonesian Rice Production," 2021 Conference, August 17-31, 2021, Virtual 315019, International Association of Agricultural Economists.

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