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The Relationship Between The Agricultural And Industrial Sectors In Chinese Economic Development

Author

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  • Koo, Won W.
  • Lou, Jianqiang

Abstract

This study examined the interdependency between Chinese agricultural and industrial sectors. A dual economic model was developed to investigate the relationship between the two sectors and factors affecting Chinese economic development. The study reveals traditional inputs, such as labor, are still important to Chinese economic development. Capital investment contributed significantly to the growth of the Chinese industrial sector, but not to the agricultural sector. The results also suggest that foreign trade has made a significant contribution to Chinese economic development. It was found that the growth of the Chinese agricultural sector depends on its industrial growth, but the growth of the Chinese industrial sector does not rely on the agricultural growth.

Suggested Citation

  • Koo, Won W. & Lou, Jianqiang, 1997. "The Relationship Between The Agricultural And Industrial Sectors In Chinese Economic Development," Agricultural Economics Reports 23176, North Dakota State University, Department of Agribusiness and Applied Economics.
  • Handle: RePEc:ags:nddaer:23176
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    File URL: http://purl.umn.edu/23176
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    References listed on IDEAS

    as
    1. Mortensen, Timothy L. & Leistritz, F. Larry & Leitch, Jay A. & Ekstrom, Brenda L., 1988. "A Baseline Analysis of Participants in the Conservation Reserve Program in North Dakota," Agricultural Economics Miscellaneous Reports 119548, North Dakota State University, Department of Agribusiness and Applied Economics.
    2. A. Allan Schmid, 1958. "An Appraisal of the Soil Bank in a Corn and Dairy Area of Wisconsin," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 40(1), pages 148-153.
    3. Taylor, Fred R. & Loftsgard, Laurel D. & Schaffner, LeRoy W., 1961. "Effects of the Soil Bank Program on a North Dakota Community," Agribusiness & Applied Economics Report 119370, North Dakota State University, Department of Agribusiness and Applied Economics.
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    1. repec:gam:jecomi:v:5:y:2017:i:2:p:15-:d:98176 is not listed on IDEAS

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