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Determinants of Agricultural Growth in Indonesia, the Philippines, and Thailand

Determinants of Agricultural Growth in Indonesia, the Philippines, and Thailand PDF Author: Yair Mundlak
Publisher: World Bank Publications
ISBN:
Category : Agricultura - Filipinas
Languages : en
Pages : 82

Book Description
The introduction of new high-yielding varieties of cereals in the 1960s, know as the green revolution, changed dramatically the food supply in Asia as well as in other countries. Mundlak, Larson, and Butzer examine over an extended period the growth consequences for agriculture in Indonesia, the Philippines, and Thailand. Despite geographic proximity, similar climate, and other shared characteristics, gains in productivity and income differed significantly among the countries. The authors quantify these differences and examine their determinants. Mundlak, Larson, and Butzer find that the new technology changed the returns to fertilizers, irrigated land, and capital, all of which proved scarce to varying degrees. Complementing technology-related changes in factor use were investments--public and private--driven in part by policy. The authors find that factor accumulation played an important role in output growth and that accumulations from policy-driven investments in human capital and public infrastructure were important sources of productivity gains. They conclude that policies that ease constraints on factor markets and promote public investment in people and infrastructure provide the best opportunities for agricultural growth. This paper--a product of Rural Development, Development Research Group--is part of a larger effort in the group to understand appropriate policies that promote rural development. The study was funded by the Bank's Research Support Budget under the research project "Dynamism of Rural Sector Development" (RPO 683-06). The authors may be contacted at [email protected], [email protected], or [email protected].

Determinants of Agricultural Growth in Indonesia, the Philippines, and Thailand

Determinants of Agricultural Growth in Indonesia, the Philippines, and Thailand PDF Author: Yair Mundlak
Publisher: World Bank Publications
ISBN:
Category : Agricultura - Filipinas
Languages : en
Pages : 82

Book Description
The introduction of new high-yielding varieties of cereals in the 1960s, know as the green revolution, changed dramatically the food supply in Asia as well as in other countries. Mundlak, Larson, and Butzer examine over an extended period the growth consequences for agriculture in Indonesia, the Philippines, and Thailand. Despite geographic proximity, similar climate, and other shared characteristics, gains in productivity and income differed significantly among the countries. The authors quantify these differences and examine their determinants. Mundlak, Larson, and Butzer find that the new technology changed the returns to fertilizers, irrigated land, and capital, all of which proved scarce to varying degrees. Complementing technology-related changes in factor use were investments--public and private--driven in part by policy. The authors find that factor accumulation played an important role in output growth and that accumulations from policy-driven investments in human capital and public infrastructure were important sources of productivity gains. They conclude that policies that ease constraints on factor markets and promote public investment in people and infrastructure provide the best opportunities for agricultural growth. This paper--a product of Rural Development, Development Research Group--is part of a larger effort in the group to understand appropriate policies that promote rural development. The study was funded by the Bank's Research Support Budget under the research project "Dynamism of Rural Sector Development" (RPO 683-06). The authors may be contacted at [email protected], [email protected], or [email protected].

Determinants of Agricultural Growth in Indonesia, the Philippines, and Thailand

Determinants of Agricultural Growth in Indonesia, the Philippines, and Thailand PDF Author: Yair Mundlack
Publisher:
ISBN:
Category :
Languages : en
Pages :

Book Description
The introduction of new high-yielding varieties of cereals in the 1960s, known as the green revolution. Changed dramatically the food supply I Asia, as well as in other countries. The authors examine over an extended period, the growth consequences for agriculture in Indonesia, the Philippines, and Thailand. Despite geographic proximity, similar climate, and other shared characteristics, gains in productivity, and income differed significantly among the countries. The authors quantify these differences, and examine their determinants. They find that the new technology changed the returns to fertilizers, irrigated land, and capital, all of which proved scarce to varying degrees, Complementing technology-related changes in factor use were investments - public and private - driven in part by policy. The authors find that factor accumulation played an important role in output growth, and that accumulations from policy-driven investments in human capital, and public infrastructure, were important sources of productivity gains. They conclude that policies that ease constraints on factor markets, and promote public investment in people, and infrastructure, provide the best opportunities for agricultural growth.

Determinants of Agricultural Growth in Indonesia, the Philippines, and Thailand

Determinants of Agricultural Growth in Indonesia, the Philippines, and Thailand PDF Author: Rita Butzer
Publisher:
ISBN:
Category :
Languages : en
Pages : 77

Book Description
The introduction of new high-yielding varieties of cereals in the 1960s, know as the green revolution, changed dramatically the food supply in Asia as well as in other countries. Mundlak, Larson, and Butzer examine over an extended period the growth consequences for agriculture in Indonesia, the Philippines, and Thailand. Despite geographic proximity, similar climate, and other shared characteristics, gains in productivity and income differed significantly among the countries. The authors quantify these differences and examine their determinants.Mundlak, Larson, and Butzer find that the new technology changed the returns to fertilizers, irrigated land, and capital, all of which proved scarce to varying degrees. Complementing technology-related changes in factor use were investments - public and private - driven in part by policy. The authors find that factor accumulation played an important role in output growth and that accumulations from policy-driven investments in human capital and public infrastructure were important sources of productivity gains. They conclude that policies that ease constraints on factor markets and promote public investment in people and infrastructure provide the best opportunities for agricultural growth.This paper - a product of Rural Development, Development Research Group - is part of a larger effort in the group to understand appropriate policies that promote rural development. The study was funded by the Bank's Research Support Budget under the research project quot;Dynamism of Rural Sector Developmentquot; (RPO 683-06). The authors may be contacted at [email protected], [email protected], or [email protected].

Rural Development and Agricultural Growth in Indonesia, the Philippines and Thailand

Rural Development and Agricultural Growth in Indonesia, the Philippines and Thailand PDF Author: Takamasa Akiyama
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 592

Book Description
Focuses on economic growth in the agricultural sectors of Indonesia, the Philippines and Thailand. The agricultural sectors of these economies have diverged considerably over the last 40 years. The volume investigates the ways in which policy, institutions, investments and resource constraints have driven this divergence.

Rural Development and Agricultural Growth in Indonesia, the Philippines and Thailand

Rural Development and Agricultural Growth in Indonesia, the Philippines and Thailand PDF Author: Takamasa Akiyama
Publisher:
ISBN:
Category :
Languages : en
Pages :

Book Description
Understanding economic growth is central to the study of development. Rural economic growth is an important aspect of economic growth. Historically, rural agriculture has employed most people in most countries, and continues to do so today. Nevertheless, the casual relationship between economic growth and growth in agriculture remain poorly understood. This volume focuses on economic growth in the agriculture sectors of Indonesia, the Philippines and Thailand. Starting from similar positions, the agriculture sectors of these economies have diverged considerably over the last 40 years. This volume investigates the ways in which policy, institutions, investments, resource constraints and the reallocation of agricultural labor have driven this divergence. It volume documents the interplay of endowments, technology, the accumulation of productive factors, policy, and advocacy in the rural sectors of these three countries. It contributes in its own ways to an explanation of the past. Good policy rests on an understanding of successes and failures in the past. This book is a critical contribution to such an understanding.

Agricultural Dynamics in Thailand, Indonesia and the Philippines

Agricultural Dynamics in Thailand, Indonesia and the Philippines PDF Author: Yair Mundlak
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

Book Description
The introduction of new high-yielding varieties of cereals in the 1960s, known as the green revolution, dramatically changed the food supply in Asia, as well as in other countries. In the present paper we examine, over an extended period, the growth consequences for agriculture in Indonesia, Thailand and the Philippines. Despite geographical proximity, similar climate and other shared characteristics, gains in productivity and income differed significantly among the countries. We quantify these differences and examine their determinants. We find that the new technology changed the returns to fertilisers, irrigated land and capital, all of which proved scarce to varying degrees. Complementing technology-related changes in factor use were investments, public and private, driven in part by policy. We find that factor accumulation played an important role in output growth and that accumulations from policy driven investments in human capital and public infrastructure were important sources of productivity gains. We conclude that policies that ease constraints on factor markets and promote public investment in people and infrastructure provide the best opportunities for agricultural growth.

An Empirical Analysis of the Determinants of Long-run Growth and Technical Progress in Southeast Asia

An Empirical Analysis of the Determinants of Long-run Growth and Technical Progress in Southeast Asia PDF Author: Jesus Felipe
Publisher:
ISBN:
Category : Asia, Southeastern
Languages : en
Pages : 344

Book Description
This research work is an empirical analysis of the determinants of long-run growth and technical progress in five Southeast Asian countries, Indonesia, Malaysia, the Philippines, Singapore, and Thailand, i.e., the ASEAN countries, during the last three decades. We ask the fundamental question of why these economies have grown, and concentrate on the nature of technical progress behind the growth process. We have tested different endogenous growth models, and have analyzed whether the determinant of technical progress proposed by each of the models is part of the long-run production function. The analysis concentrates on the individual countries, in an attempt to point out differences in the growth process and in the nature of the technical process associated to it. Our empirical findings indicate that an important determinant of long-run growth in the ASEAN countries is imports of foreign technology. However, none of the variables pointed out by recent endogenous growth models, i.e., aggregate capital, education, government capital expenditures, is capable of generating endogenous growth, as defined by these models. Even the role of exports, except in Singapore, is not so clear. Education, exports of machinery and GDP growth are important determinants of TFP growth in all five ASEAN countries, and Japanese FDI appears to be particularly important in Singapore. We have found complementarity between the level of education and Japanese FDI, as well as between the former and imports of machinery. However, we conclude that none of the determinants analyzed, separately, is capable of accounting for the growth of these countries, and that only a sustained big-push package can be responsible for the increase in productivity and growth in the region.

The Economies of Southeast Asia

The Economies of Southeast Asia PDF Author: Teofilo C. Daquila
Publisher: Nova Publishers
ISBN: 9781594541889
Category : Business & Economics
Languages : en
Pages : 318

Book Description
This book analyses the growth, development and crisis experiences of the Southeast Asian economies, in particular, Indonesia, Malaysia, the Philippines, Singapore and Thailand - also known as ASEAN-5. The proposition is developed that the robust economic performance of the Southeast Asian economies during the past four decades has been attributed to the various factors, developments and independent national policies which have been pursued by the individual member countries rather than to any regional economic framework. The book covers eleven topics which is suitable for a one-semester course on the economics of Southeast Asia. Also, it has a narrower area coverage as it focuses only on the five economies, namely, Indonesia, Malaysia, the Philippines, Singapore, and Thailand. The sectoral treatment of the crisis impact and the analytical treatment of policy responses to the crisis differentiate this book from other publications on the same topic. Finally, this book provides an analysis of national developments, policies and factors which have contributed to the economic transformation of the respective Southeast Asian economies.

What is Missing Between Agricultural Growth and Infrastructure Development? Cases of Coffee and Dairy in Africa

What is Missing Between Agricultural Growth and Infrastructure Development? Cases of Coffee and Dairy in Africa PDF Author: Atsushi Iimi
Publisher: World Bank Publications
ISBN:
Category : Agriculture
Languages : en
Pages : 36

Book Description
Abstract: Although it is commonly believed that aggregate economic growth must be associated with public infrastructure stocks, the possible infrastructure needs and effects are different from industry to industry. The agriculture sector is typical. Various infrastructures would affect agriculture growth differently depending on the type of commodity. This paper finds that a general transport network is essential to promote coffee and cocoa production, perhaps along with irrigation facilities, depending on local rainfall. Conversely, along with the transport network, the dairy industry necessitates rural water supply services as well. In some African countries, a 1 percent improvement in these key aspects of infrastructure could raise GDP by about 0.1-0.4 percent, and by possibly by several percent in some cases.

The Agricultural Exodus in the Philippines: Are Wage Differentials Driving the Process?

The Agricultural Exodus in the Philippines: Are Wage Differentials Driving the Process? PDF Author: Mr. Eugenio M Cerutti
Publisher: International Monetary Fund
ISBN: 151359009X
Category : Business & Economics
Languages : en
Pages : 58

Book Description
Lagging labor reallocations outside agriculture amid sustained low agricultural productivity have been a key feature in the Philippines over the past 15 years. An analysis of the labor adjustments in and out of agriculture shows that a variety of factors have influenced this process. We find that the widening of wage differentials with non-agricultural sectors, improvements in labor market efficiency, and better transport infrastructure are largely associated with growing outflows of labor from agriculture, whilst the lack of post-primary education and the presence of agricultural clusters hinder such outflows. In contrast to the traditional view that agricultural employment outflows are largely driven by productivity differences and wage differentials, our results emphasize the roles of education as well as transport infrastructure in facilitating labor reallocations from agriculture to non-agriculture.