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Terms Of Trade Between Agriculture And Industry -- Thirty Years Experience In China

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  • Wu, Xiling
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    The relationship between agriculture and industry is very important in any economic development. The whole process of development can be understood in the context of the relationship between agriculture and industry and its evolution. This is because first, agriculture and industry are usually the biggest and primary material production sectors in the economy, they provide physical goods for a society's survival and the foundation for any further development. Second, it becomes more and more clear that one sector cannot develop properly without the other. The purpose of this paper is to explore the agriculture industry relationship from the point of view of the intersectoral terms of trade, which is considered as the most important factor in agriculture industry relationship because the connection between the two sectors is mainly through product exchanges.

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    Paper provided by Michigan State University, Department of Agricultural, Food, and Resource Economics in its series Graduate Research Masters Degree Plan B Papers with number 11162.

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    Date of creation: 1985
    Handle: RePEc:ags:midagr:11162
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    Justin S. Morrill Hall of Agriculture, 446 West Circle Dr., Rm 202, East Lansing, MI 48824-1039

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