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Development models, agricultural policies, and agricultural growth: Peru, 1950-2010

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  • Jackeline Velazco
  • Vicente Pinilla

Abstract

Throughout its history, Peru, as a small open economy, has undergone cycles of crisis and recovery, usually linked to fluctuations in the international market. The Peruvian economy has always been an exporter of primary products and an importer of manufactured goods This paper has a two-fold aim: to identify the salient characteristics of the development models and policies affecting Peruvian agriculture since the mid-twentieth century, and to identify what effect they have had on agricultural production and productivity based on an estimation of total-factor productivity (TFP) for the 1950-2010 period.Development strategy models have ranged from the diversification of primary exports, to import-substitution industrialisation, and the promotion of non-traditional exports, which is the current model. These strategies have determined the outcome for agriculture.

Suggested Citation

  • Jackeline Velazco & Vicente Pinilla, 2017. "Development models, agricultural policies, and agricultural growth: Peru, 1950-2010," Documentos de Trabajo de la Sociedad de Estudios de Historia Agraria 1704, Sociedad de Estudios de Historia Agraria.
    • Handle: RePEc:seh:wpaper:1704
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    1. Adolfo Figueroa, 1996. "Pequeña Agricultura y Agroindustria en el Perú," Revista Economía, Fondo Editorial - Pontificia Universidad Católica del Perú, issue 37-38, pages 93-170.
    2. Carlos Ludena, 2010. "Agricultural Productivity Growth, Efficiency Change and Technical Progress in Latin America and the Caribbean," Research Department Publications 4675, Inter-American Development Bank, Research Department.
    3. Alejandro Nin‐Pratt & Bingxin Yu, 2010. "Getting implicit shadow prices right for the estimation of the Malmquist index: the case of agricultural total factor productivity in developing countries," Agricultural Economics, International Association of Agricultural Economists, vol. 41(3‐4), pages 349-360, May.
    4. Dias Avila, Antonio Flavio & Romano, Luis & Garagorry, Fernando, 2010. "Agricultural Productivity in Latin America and the Caribbean and Sources of Growth," Handbook of Agricultural Economics, in: Robert Evenson & Prabhu Pingali (ed.), Handbook of Agricultural Economics, edition 1, volume 4, chapter 71, pages 3713-3768, Elsevier.
    5. Miguel Martín-Retortillo & Vicente Pinilla & Jackeline Velazco & Henry Willebald, 2018. "The Goose That Laid the Golden Eggs? Agricultural Development in Latin America in the 20th Century," Palgrave Studies in Economic History, in: Vicente Pinilla & Henry Willebald (ed.), Agricultural Development in the World Periphery, chapter 13, pages 337-363, Palgrave Macmillan.
    6. Lisa M. Pfeiffer, 2003. "Agricultural Productivity Growth in the Andean Community," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 85(5), pages 1335-1341.
    7. Jackeline Velazco & Julia Velazco, 2012. "Características del empleo agrícola en el Perú," Capítulos de Libros PUCP / Chapters of PUCP books, in: Cecilia Garavito & Ismael Muñoz (ed.), EMPLEO Y PROTECCIÓN SOCIAL, edition 1, chapter 5, pages 161-211, Fondo Editorial - Pontificia Universidad Católica del Perú.
    8. Adolfo Figueroa, 1990. "Desarrollo agrícola en América latina: teoría y políticas," Documentos de Trabajo / Working Papers 1990-88, Departamento de Economía - Pontificia Universidad Católica del Perú.
    9. Claudio Bravo-Ortega & Daniel Lederman, 2004. "Agricultural productivity and its determinants: revisiting international experiences," Estudios de Economia, University of Chile, Department of Economics, vol. 31(2 Year 20), pages 133-163, December.
    10. Carlos Ludena, 2010. "Agricultural Productivity Growth, Efficiency Change and Technical Progress in Latin America and the Caribbean," Research Department Publications 4675, Inter-American Development Bank, Research Department.
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    Cited by:

    1. De La Cruz S., Marco & Dessein, Joost, 2021. "Beyond institutional bricolage: An ‘intertwining approach’ to understanding the transition towards agroecology in Peru," Ecological Economics, Elsevier, vol. 187(C).
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    3. Ng, Sin Jin & Li, Bing & He, Zhengyang & Han, Jing-Cheng & Munir, Muhammad Tajammal & Wu, Xiaofeng & Huang, Yuefei, 2023. "Global phosphorus cycling: The impact of international commercial trading and the path towards sustainable phosphorus management," Resources Policy, Elsevier, vol. 85(PA).

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    More about this item

    Keywords

    Peruvian economic history; Peruvian agriculture; development models; Latin American economic history; agricultural growth;
    All these keywords.

    JEL classification:

    • N56 - Economic History - - Agriculture, Natural Resources, Environment and Extractive Industries - - - Latin America; Caribbean
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming
    • Q10 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - General

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