CAUSES OF RURAL ECONOMIC DEVELOPMENT

This paper investigates the sources of growth in agricultural value-added (GDP) and rural household incomes using a sample of developing countries. The main factors are: (i) providing macroeconomic and political stability; (ii) institutions establishing property rights and incentives; (iii) access to competitive input markets and remunerative output markets; and (iv) adoption of productivity-enhancing technology, and (v) real income growth in the non-agricultural economy. The evidence indicates a surprisingly large role of the fifth of these.


Issue Date:
2003
Publication Type:
Working or Discussion Paper
Record Identifier:
http://ageconsearch.umn.edu/record/28559
PURL Identifier:
http://purl.umn.edu/28559
Total Pages:
43
Series Statement:
Working Paper WP 03-09




 Record created 2017-04-01, last modified 2018-01-22

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