Agricultural Technical Progress and the Development of a by Dr. Thorsten Wichmann (auth.)

By Dr. Thorsten Wichmann (auth.)

A two-sector version of a constructing state along with agriculture and is gifted. progress and structural switch are mentioned in versions with exogenous in addition to endogenous technical growth, algebraically and by means of numerical simulations. effects from making an allowance for peculiarities of foodstuff creation and intake are analyzed. those comprise know-how adoption in agriculture, Engel's legislation and a courting among the extent of meals and productivity.

Show description

Read or Download Agricultural Technical Progress and the Development of a Dual Economy PDF

Similar technical books

Construction Delays: Understanding Them Clearly, Analyzing Them Correctly

Delays in building tasks are usually dear, in view that there's frequently a building mortgage concerned which fees curiosity, administration employees devoted to the undertaking whose expenses are time based, and ongoing inflation in salary and fabric costs. Many suggestions are used to investigate delays.

Proceedings of the 55th Porcelain Enamel Institute Technical Forum: Ceramic Engineering and Science Proceedings, Volume 15, Issue 3

This quantity is a part of the Ceramic Engineering and technological know-how continuing  (CESP) series.  This sequence features a choice of papers facing matters in either conventional ceramics (i. e. , glass, whitewares, refractories, and porcelain the teeth) and complicated ceramics. themes coated within the zone of complex ceramic comprise bioceramics, nanomaterials, composites, reliable oxide gasoline cells, mechanical homes and structural layout, complicated ceramic coatings, ceramic armor, porous ceramics, and extra.

Single Sourcing. Building Modular Documentation

"The booklet is a simple learn and is chock filled with counsel and directions. " -Ann RockleyContent: Foreword, Pages ix-xiPreface, Pages xiii-xvChapter 1 - approximately unmarried sourcing, Pages 1-22Chapter 2 - development records, Pages 23-45Chapter three - Structuring content material, Pages 47-147Chapter four - Configuring language, Pages 149-179Chapter five - Leveraging know-how, Pages 181-201Glossary, Pages 203-208Index, Pages 209-230

Additional resources for Agricultural Technical Progress and the Development of a Dual Economy

Sample text

O. 3 and in footnote 1 above which, at the individual level, is also known as Engel's law. 13 However, it is not exactly the same since we have not derived a relative price between both goods and therefore total income is not defined in this model. 9) must satisfy the transversality = 0 which has not been shown so far. This boundary condition can only be met if in the steady-state the product of e and K grows with a condition lim e -pteK t-+- rate smaller than the discount rate p. 16) p > A+ (I-a) [(a-I)YA+')'V + (1-y) ~l In the remainder we will assume this condition to hold.

Production in manufacturing is different. Land is of (almost) no importance. Output in this sector is produced by labor and capital under (usually) constant returns. Thus, capital accumulation to overcome diminishing returns to labor only takes place in manufacturing. These asymmetries describe the core of dual economy models. Additional assumptions about production in both sectors are made which, however, vary from model to model. For example, it is often assumed that labor is paid its average product in agriculture but its marginal product in industry.

Bose (1968) and Dixit (1971) discuss industrialization as a planning problem within a general equilibrium framework. Chen (1987) considers the consequences of uncertainty in agricultural production for the development of the dual economy. 2 Agriculture Driven Development While these dual economy models are able to replicate the major stylized facts of economic development, they are ambiguous about the central question: what drives development? In the early years of development policy after the second world war the answer of mainstream economists and politicians was almost unanimous: industry.

Download PDF sample

Rated 4.95 of 5 – based on 35 votes