Agriculture and Economic Growth Hardcover by Yair Mundlak

Discover the intricate relationship between agriculture and economic growth in 'Agriculture and Economic Growth' by Yair Mundlak. This hardcover delves into the dynamics of agricultural sector growth within a growing economy.

Why You’ll Love It

• Gain insights into agricultural sector dynamics
• Understand the impact of agriculture on overall economic growth
• Learn from a noted economist's unique blend of theory and empirical analysis
• Explore the variations in agricultural growth across different countries

FAQ

What does the book focus on?

The book focuses on the growth of the agricultural sector within the context of a growing economy.

Who is the author?

The author is the noted economist Yair Mundlak.

What can readers expect?

Readers can expect a blend of theory, methodology, and empirical analysis on the dynamics of agriculture and its relationship to the economy.

Product Details

• Publisher: Harvard University Press (2000-09-05)
• Language: English
• Paperback: 504 pages
• ISBN-13: 9780674002289
• Item Weight: 567.0 grams
• Dimensions: 0.0 x 0.0 x 0.0 cm

The noted economist Yair Mundlak presents here a theory of the growth of the agricultural sector within the context of a growing economy. He explores the various aspects of the dynamics of agriculture and their relationship to the dynamics of the economy at large, offering a unique blend of theory, methodology, and empirical analysis.

The rate of agricultural growth has varied across countries and over time, even though the main innovations in agricultural technology have been made available to all countries. Consequently, the difference in performance is due to the use made of the available technology. Mundlak treats the implementation of technology as an economic decision similar to decisions about resource supply and allocation. The development of agriculture, like that of other sectors, is determined to a large degree by the economic environment, especially public policies. This framework permits the author to evaluate the effects of policies on growth by examining their effects on sectoral incentives. Mundlak shows that neutral macroeconomic policies may have a stronger effect on sectoral growth than sector-specific policies.

The book contains problem sets, and will be a reference and text for graduate-level courses.

About the Author

Yair Mundlak is Professor Emeritus of Economics at the University of Chicago and the Hebrew University of Jerusalem.