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
Format: Policy Research Working Paper biblioteca
Language:English
en_US
Published: World Bank, Washington, D.C. 2002-03
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,
Online Access:http://documents.worldbank.org/curated/en/2002/03/1735291/determinants-agricultural-growth-indonesia-philippines-thailand
http://hdl.handle.net/10986/14321
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