Agricultural policy in developing countries: The transfer of resources from agriculture

Roe, T.L. (1987) Agricultural policy in developing countries: The transfer of resources from agriculture. Documentation. University of Minnesota, Minneapolis, USA.

Preview

PDF - Published Version | Preview

Abstract

This paper focuses on interventions by governments of developing countries that tend to distort economic incentives and, in particular, to transfer resources from agriculture. Generally, as agriculture is modernized and an economy develops, labor is transferred out of agriculture. Parallel to this transfer is the need for capital deepeningl/ in agriculture in the form of investments in land and human capital and the adoption of chemical, biological and mechanical technology that saves on the use of the sector's most scarce resources. Since markets work imperfectly in the provision of new agricultural technology, rural infrastructure, education and other services that permit markets to function efficiently, government programs and projects to remedy these imperfections are often socially profitable...

Item Type:	Monograph (Documentation)
Author Affiliation:	Professor, Department of Agricultural and Applied Economics, University of Minnesota
Subjects:	Social Sciences > Agricultural Economics
Divisions:	General
Depositing User:	Ms K Syamalamba
Date Deposited:	12 Nov 2013 06:16
Last Modified:	12 Nov 2013 06:16
URI:	http://eprints.icrisat.ac.in/id/eprint/12144

Actions (login required)

View Item