Agriculture and structural transformation: economic strategies in late-developing countries |
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Pagina 89
relative prices of capital and labor there is only one technique which will
minimize production costs (or several, if we allow for regional variation). Thus,
only a relatively small number of commercially feasible production techniques, ...
relative prices of capital and labor there is only one technique which will
minimize production costs (or several, if we allow for regional variation). Thus,
only a relatively small number of commercially feasible production techniques, ...
Pagina 216
overvaluation on the competitive position of Japanese exports, both industry and
government adopted policies aimed at the "rationalization" of industry, including
emphasis on concentrating production in larger and more capital-intensive ...
overvaluation on the competitive position of Japanese exports, both industry and
government adopted policies aimed at the "rationalization" of industry, including
emphasis on concentrating production in larger and more capital-intensive ...
Pagina 300
that utilize relatively more labor than capital. Indeed, in analyzing the rate of
growth of manufacturing output we can apply the same type of identity we used in
agriculture, substituting capital per worker (K/L) for cultivated acreage per worker:
...
that utilize relatively more labor than capital. Indeed, in analyzing the rate of
growth of manufacturing output we can apply the same type of identity we used in
agriculture, substituting capital per worker (K/L) for cultivated acreage per worker:
...
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Inhoudsopgave
Agriculture in a Traditional Economy | 3 |
Structural Transformation | 34 |
The Technology Backlog | 76 |
Copyright | |
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Veelvoorkomende woorden en zinsdelen
acre acreage agri agricul agricultural development agricultural production agricultural sector agricultural strategy ammonia average bimodal capital capital-intensive cent Chapter considerable cost crop cultivated Data demand developing countries distribution duction Economic Development economic rent effects efficient engineering expansion expansion path exports factor farm cash farm equipment farm households farm labor force farm output farmers fertilizer firms foreign exchange hectare implements important improved income India industry innovations inputs institutions intersectoral investment irrigation Japan labor force land reform late-developing countries maize manufacturing mechanization ment Mexico million modern Naphtha nitrogen nomic nonagricultural pattern of agricultural period plant policies population problems programs Punjab purchases rapid ratio reduced relative result rice rural seed-fertilizer revolution share significant social Soviet structural transformation Table Taiwan technical tion tractors tubewells tural unimodal unimodal strategy varieties West Pakistan wheat worker yield