Determinants of Agricultural Growth in Indonesia, the Philippines, and Thailand
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.
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Bibliographic Details
| Main Authors: |
Mundlack, Yair,
Larson, Donald F.,
Butzer, Rita |
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| Language: | English
en_US |
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| Published: |
World Bank, Washington, D.C.
2002-03
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| Subjects: | ACCOUNTING,
AGGREGATE PRODUCTION FUNCTION,
AGRICULTURAL OUTPUT,
AGRICULTURE,
AVERAGE PRODUCTIVITY,
CAPITAL GAIN,
CAPITAL STOCK,
COMPETITIVE MARKET,
COMPETITIVE MARKETS,
CONSUMER PRICE INDEX,
COST OF CAPITAL,
DEPRECIATION,
ECONOMIC GROWTH,
ECONOMIC PERFORMANCE,
ELASTICITIES,
ELASTICITY,
EMPIRICAL ANALYSIS,
EMPLOYMENT,
EXCESS DEMAND,
EXCHANGE RATE,
FUNCTIONAL DISTRIBUTION,
GDP,
GDP DEFLATOR,
GROWTH ACCOUNTING,
GROWTH RATE,
GROWTH RATE OF OUTPUT,
HUMAN CAPITAL,
INCOME,
INCOME DISTRIBUTION,
INTEREST RATE,
LABOR FORCE,
LABOR INPUT,
LABOR MARKETS,
LABOR PRODUCTIVITY,
LABOR SUPPLY,
LAND PRICES,
LAND VALUE,
LEVEL OF OUTPUT,
MARGINAL PRODUCTIVITY,
MARGINAL PRODUCTS,
MARGINAL VALUE,
MIGRATION,
OPTIMIZATION,
OUTPUT RATIO,
POPULATION GROWTH,
PRODUCERS,
PRODUCTION FUNCTION,
PRODUCTIVITY,
PRODUCTIVITY GROWTH,
PRODUCTIVITY OF CAPITAL,
PROFIT MAXIMIZING FIRMS,
PUBLIC GOODS,
RATE OF RETURN,
RATE OF RETURN TO CAPITAL,
REAL WAGE,
REAL WAGE RATES,
REGRESSION ANALYSIS,
SHADOW PRICES,
SURPLUS LABOR,
TIME SERIES,
TOTAL OUTPUT,
UNEMPLOYMENT,
VALUE ADDED,
WAGE RATES,
WAGES,
WATER SUPPLY AGRICULTURAL DEVELOPMENT,
CROP YIELDS,
CEREAL CROPS,
GREEN REVOLUTION,
FOOD SUPPLY,
GROWTH PATTERNS,
CLIMATIC INFLUENCE,
INCOME INDEXES,
TECHNOLOGICAL CHANGE,
FERTILIZER TECHNOLOGIES,
IRRIGATED AGRICULTURE,
CAPITAL FLOW,
PRIVATE INVESTMENTS,
POLICY FRAMEWORK,
FACTOR PRODUCTIVITY,
OUTPUTS,
HUMAN CAPITAL INVESTMENTS,
PUBLIC INFRASTRUCTURE,
FACTOR MARKETS, |
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| Online Access: | http://documents.worldbank.org/curated/en/2002/03/1735291/determinants-agricultural-growth-indonesia-philippines-thailand
https://hdl.handle.net/10986/14321
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