Agricultural transformation and market innovation: Theory, concepts, and definitions

Historically, agriculture was seen as a contribution that helped induce industrial growth and structural transformation of the economy. The structural transformation where the share of agriculture in gross domestic product (GDP) and employment declines as per capita income rises is well documented....

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Autor principal: International Food Policy Research Institute
Formato: Informe técnico
Lenguaje:Inglés
Publicado: International Food Policy Research Institute 2022
Materias:
Acceso en línea:https://hdl.handle.net/10568/145422
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author International Food Policy Research Institute
author_browse International Food Policy Research Institute
author_facet International Food Policy Research Institute
author_sort International Food Policy Research Institute
collection Repository of Agricultural Research Outputs (CGSpace)
description Historically, agriculture was seen as a contribution that helped induce industrial growth and structural transformation of the economy. The structural transformation where the share of agriculture in gross domestic product (GDP) and employment declines as per capita income rises is well documented. Classical theorists, led by Lewis (1954), viewed economic development as a growth process of relocating factors of production from an agricultural sector characterized by low productivity and the use of traditional technology to a modern industrial sector with higher productivity. Economic transformation is triggered when agriculture realizes enough surplus in the form of food and commodities and product and factor markets begin to integrate across space, and workers begin to move out of agriculture to meet the demands of a growing industrial sector.
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spelling CGSpace1454222025-11-06T06:39:45Z Agricultural transformation and market innovation: Theory, concepts, and definitions International Food Policy Research Institute value chains innovation economic growth agricultural transformation markets productivity agricultural development integration farming systems agricultural trade Historically, agriculture was seen as a contribution that helped induce industrial growth and structural transformation of the economy. The structural transformation where the share of agriculture in gross domestic product (GDP) and employment declines as per capita income rises is well documented. Classical theorists, led by Lewis (1954), viewed economic development as a growth process of relocating factors of production from an agricultural sector characterized by low productivity and the use of traditional technology to a modern industrial sector with higher productivity. Economic transformation is triggered when agriculture realizes enough surplus in the form of food and commodities and product and factor markets begin to integrate across space, and workers begin to move out of agriculture to meet the demands of a growing industrial sector. 2022-02-23 2024-06-21T09:04:29Z 2024-06-21T09:04:29Z Report https://hdl.handle.net/10568/145422 en Open Access application/pdf International Food Policy Research Institute International Food Policy Research Institute (IFPRI). 2018. Agricultural transformation and market innovation: Theory, concepts, and definitions. Washington, DC: International Food Policy Research Institute (IFPRI). https://hdl.handle.net/10568/145422
spellingShingle value chains
innovation
economic growth
agricultural transformation
markets
productivity
agricultural development
integration
farming systems
agricultural trade
International Food Policy Research Institute
Agricultural transformation and market innovation: Theory, concepts, and definitions
title Agricultural transformation and market innovation: Theory, concepts, and definitions
title_full Agricultural transformation and market innovation: Theory, concepts, and definitions
title_fullStr Agricultural transformation and market innovation: Theory, concepts, and definitions
title_full_unstemmed Agricultural transformation and market innovation: Theory, concepts, and definitions
title_short Agricultural transformation and market innovation: Theory, concepts, and definitions
title_sort agricultural transformation and market innovation theory concepts and definitions
topic value chains
innovation
economic growth
agricultural transformation
markets
productivity
agricultural development
integration
farming systems
agricultural trade
url https://hdl.handle.net/10568/145422
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