Market Integration and Structural Transformation in a Poor Rural Economy
No hay miniatura disponible
Fecha
Autores
Título de la revista
ISSN de la revista
Título del volumen
Editor
Resumen
Descripción
By developing a simple theoretical model
of the impact of market integration on sectoral output and
employment in a poor rural setting, this paper demonstrates
that trade can induce asymmetric growth. Under certain,
plausible, assumptions, the non-farm sector will grow much
faster than the agricultural sector when markets become
integrated. Promoting market integration may thus be an
effective way of encouraging diversification beyond
agriculture and catalysing structural change in poor rural economies.
Palabras clave
ABSOLUTE ADVANTAGE, ACCESS TO MARKETS, AGRICULTURAL PRODUCTIVITY, AGRICULTURAL SECTOR, AGRICULTURE, AVERAGE PRODUCTIVITY, COMPARATIVE ADVANTAGE, CONSTANT RETURNS TO SCALE, CONSUMER SPENDING, CONSUMPTION EXPENDITURE, DIVERSIFICATION, ECONOMIC GEOGRAPHY, ECONOMIC GROWTH, ELASTICITY, ELASTICITY OF SUBSTITUTION, EMPLOYMENT IN AGRICULTURE, EMPLOYMENT OPPORTUNITIES, FARM EMPLOYMENT, FARM OUTPUT, FARM PRODUCTION, FARM PRODUCTS, FARM SECTOR, FOOD CONSUMPTION, FOOD EXPENDITURE, FOOD GOODS, FOOD OUTPUT, FOOD PRODUCT, FOOD PRODUCTION, FOOD PRODUCTS, INCREASING RETURNS, INCREASING RETURNS TO SCALE, INDIFFERENCE CURVES, INEQUALITY, MACROECONOMICS, MALNUTRITION, NUTRITION, NUTRITION LEVELS, POLITICAL ECONOMY, POOR, POOR RURAL AREAS, POVERTY REDUCTION, PRODUCTIVITY, RURAL, RURAL ECONOMY, RURAL TRANSFORMATION, STRUCTURAL CHANGE, STRUCTURAL TRANSFORMATION, SUBSISTENCE, TOTAL OUTPUT, UNEMPLOYMENT, UTILITY FUNCTION, UTILITY FUNCTIONS, UTILITY MAXIMIZATION