CAUSES OF RURAL ECONOMIC DEVELOPMENT
Bruce Gardner
No 28559, Working Papers from University of Maryland, Department of Agricultural and Resource Economics
Abstract:
This paper investigates the sources of growth in agricultural value-added (GDP) and rural household incomes using a sample of developing countries. The main factors are: (i) providing macroeconomic and political stability; (ii) institutions establishing property rights and incentives; (iii) access to competitive input markets and remunerative output markets; and (iv) adoption of productivity-enhancing technology, and (v) real income growth in the non-agricultural economy. The evidence indicates a surprisingly large role of the fifth of these.
Keywords: Community/Rural/Urban; Development (search for similar items in EconPapers)
Pages: 43
Date: 2003
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Citations: View citations in EconPapers (10)
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Journal Article: Causes of rural economic development (2005)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:umdrwp:28559
DOI: 10.22004/ag.econ.28559
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