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Agricultural development : issues, evidence, and consequences

Author: Yair Mundlak; Donald F Larson; Al Crego; World Bank. Development Research Group.
Publisher: Washington, DC : World Bank, Development Research Group, [1997]
Series: Policy research working papers, 1811.
Edition/Format:   eBook : Document : International government publication : EnglishView all editions and formats
Database:WorldCat
Summary:
Investments in technology have yielded large gains for agriculture, and the benefits have been passed on to consumers in the form of lower prices. Thus history justifies public spending on agricultural research. A comprehensive examination of data from many countries shows that in 1967-92, 81 percent of the world's population lived in countries where agricultural growth exceeded population growth. Moreover, that  Read more...
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Additional Physical Format: Print version:
Mundlak, Yair, 1927-
Agricultural development.
Washington, DC : World Bank, Development Research Group, [1997]
(DLC) 98122118
(OCoLC)37488712
Material Type: Document, Government publication, International government publication, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Yair Mundlak; Donald F Larson; Al Crego; World Bank. Development Research Group.
OCLC Number: 647558764
Reproduction Notes: Electronic reproduction. [S.l.] : HathiTrust Digital Library, 2010. MiAaHDL
Description: 1 online resource (i, 37 pages) : illustrations.
Details: Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002.
Series Title: Policy research working papers, 1811.
Responsibility: Yair Mundlak, Donald F. Larson and Al Crego.

Abstract:

Investments in technology have yielded large gains for agriculture, and the benefits have been passed on to consumers in the form of lower prices. Thus history justifies public spending on agricultural research. A comprehensive examination of data from many countries shows that in 1967-92, 81 percent of the world's population lived in countries where agricultural growth exceeded population growth. Moreover, that growth occurred as agricultural prices declined. Productivity gains are a dominant characteristic of agriculture for the period. Average productivity increased for land and labor. Moreover, agricultural productivity gains were greater than average productivity gains for the economy in 80 percent of the countries studied. Measuring the effects of technology choice on productivity is crucial to understanding the determinants of agricultural growth. After selectively reviewing applied production studies, Mundlak, Larson, and Crego conclude that the choice-of-technique method, which has its roots in Tinter's early production function studies, is best suited for examining the determinants of agricultural growth. Investments in technology have yielded large gains for agriculture, and the benefits have been passed on to consumers in the form of lower prices. Thus history justifies public spending on agricultural research. This paper-a product of the Development Research Group-is part of a larger effort in the group to examine the determinants of agricultural growth. The study was funded by the Bank's Research Support Budget under the research project The Determinants of Agricultural Growth (RPO 679-03).

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