CAPITAL FOP.MATION IN PEASANT ECONOMIES
| dc.creator | Deaton, Brady J. | |
| dc.date | 2017-04-01T13:45:14Z | |
| dc.date.accessioned | 2026-07-09T08:41:10Z | |
| dc.description | The role of capital formation in the process of economic development has been critically appraised by economists and policy-makers. 1 Identifying sources of capital and regulating the rate of capital growth are essential tasks of economic planning in developing nations. Economic growth models, particularly two-sector models, have been developed to describe the process of economic transformation with domestic savings and investment as the key driving forces in achieving a successful growth path. The analytical abstractness of two-sector models, however, does not provide a very accurate portrayal of peasant economic behavior, particularly savings and investment decisions. This weakness has prompted several writers to call for a more comprehensive approach in analyzing the structure of and advocating policy for developing nations. 2 | |
| dc.identifier | doi:10.22004/ag.econ.190976 | |
| dc.identifier | https://ageconsearch.umn.edu/record/190976/files/agecon-occpapers-1977-023.pdf | |
| dc.identifier | http://ageconsearch.umn.edu/record/190976 | |
| dc.identifier.uri | http://hdl.handle.net/123456789/601625 | |
| dc.language | eng | |
| dc.publisher | ||
| dc.source | http://ageconsearch.umn.edu/record/190976 | |
| dc.title | CAPITAL FOP.MATION IN PEASANT ECONOMIES | |
| dc.type | Text |