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Production, Productivity, and Public Investment in East Asian Agriculture

Author

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  • Fan, Shenggen
  • Brzeska, Joanna

Abstract

Since the 1950s, agricultural growth in East Asia (China, Mongolia, North Korea, South Korea, and Taiwan) has reduced rural poverty and created a strong base for economic development. To gain a better understanding of the nature of this growth, we examine the sources of change in agricultural production and total factor productivity (TFP) and decompose the measurements into reform-based time periods. We also review studies that link public investments to agricultural growth and poverty reduction. We find that formulating growth-inducing and poverty-reducing strategies requires policymakers to understand the relative returns of different types of investments.

Suggested Citation

  • Fan, Shenggen & Brzeska, Joanna, 2010. "Production, Productivity, and Public Investment in East Asian Agriculture," Handbook of Agricultural Economics, Elsevier.
  • Handle: RePEc:eee:hagchp:6-66
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    More about this item

    Keywords

    total factor productivity; agricultural growth; public expenditures; China; Mongolia; North Korea; South Korea; Taiwan;

    JEL classification:

    • Q12 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Micro Analysis of Farm Firms, Farm Households, and Farm Input Markets
    • Q14 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Finance
    • Q18 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Policy; Food Policy
    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence

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