Economic growth, convergence, and agricultural economics
After nearly two centuries of lagging behind the industrial countries, growth in many developing countries has surged since the early 1990s. This outperformance has major implications for almost all areas of agricultural economics and, if continued, will likely do so into the future. This article ai...
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| Format: | Journal Article |
| Language: | Inglés |
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John Wiley & Sons
2019
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| Online Access: | https://hdl.handle.net/10568/146829 |
| _version_ | 1855528023297622016 |
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| author | Martin, Will |
| author_browse | Martin, Will |
| author_facet | Martin, Will |
| author_sort | Martin, Will |
| collection | Repository of Agricultural Research Outputs (CGSpace) |
| description | After nearly two centuries of lagging behind the industrial countries, growth in many developing countries has surged since the early 1990s. This outperformance has major implications for almost all areas of agricultural economics and, if continued, will likely do so into the future. This article aims to identify the key ways in which the changes in rich and poor country growth rates matter for agricultural economists, as a basis for formulating better research agendas. A key impact arises through sharp increases in demand for agricultural resources as demand for livestock products increases. This changing structure of food demand has important implications for nutrition studies and policies, with the emergence of a double burden of malnutrition. On the supply side, growth in developing countries tends to increase domestic food supply, which is also boosted by increases in research and development spending. Growth in developing countries both stimulates and benefits from increases in infrastructure investment, evaluation of which requires new analytical tools. Negative impacts include the contribution of increased demand for livestock products to global greenhouse gas emissions. In terms of trade policy, growth in developing country is tending to lead to convergence of agricultural policies with the pattern of assistance seen in today's developed countries, raising concerns about the future need to deal with collective action problems, particularly those that increase the volatility of world prices. |
| format | Journal Article |
| id | CGSpace146829 |
| institution | CGIAR Consortium |
| language | Inglés |
| publishDate | 2019 |
| publishDateRange | 2019 |
| publishDateSort | 2019 |
| publisher | John Wiley & Sons |
| publisherStr | John Wiley & Sons |
| record_format | dspace |
| spelling | CGSpace1468292024-10-25T07:58:32Z Economic growth, convergence, and agricultural economics Martin, Will development economic growth agricultural policies developed countries capacity development agricultural economics developing countries convergent improvement After nearly two centuries of lagging behind the industrial countries, growth in many developing countries has surged since the early 1990s. This outperformance has major implications for almost all areas of agricultural economics and, if continued, will likely do so into the future. This article aims to identify the key ways in which the changes in rich and poor country growth rates matter for agricultural economists, as a basis for formulating better research agendas. A key impact arises through sharp increases in demand for agricultural resources as demand for livestock products increases. This changing structure of food demand has important implications for nutrition studies and policies, with the emergence of a double burden of malnutrition. On the supply side, growth in developing countries tends to increase domestic food supply, which is also boosted by increases in research and development spending. Growth in developing countries both stimulates and benefits from increases in infrastructure investment, evaluation of which requires new analytical tools. Negative impacts include the contribution of increased demand for livestock products to global greenhouse gas emissions. In terms of trade policy, growth in developing country is tending to lead to convergence of agricultural policies with the pattern of assistance seen in today's developed countries, raising concerns about the future need to deal with collective action problems, particularly those that increase the volatility of world prices. 2019-11-15 2024-06-21T09:08:58Z 2024-06-21T09:08:58Z Journal Article https://hdl.handle.net/10568/146829 en Open Access John Wiley & Sons Martin, Will. 2019. Economic growth, convergence, and agricultural economics. Agricultural Economics 50(S1): 7-27. https://doi.org/10.1111/agec.12528 |
| spellingShingle | development economic growth agricultural policies developed countries capacity development agricultural economics developing countries convergent improvement Martin, Will Economic growth, convergence, and agricultural economics |
| title | Economic growth, convergence, and agricultural economics |
| title_full | Economic growth, convergence, and agricultural economics |
| title_fullStr | Economic growth, convergence, and agricultural economics |
| title_full_unstemmed | Economic growth, convergence, and agricultural economics |
| title_short | Economic growth, convergence, and agricultural economics |
| title_sort | economic growth convergence and agricultural economics |
| topic | development economic growth agricultural policies developed countries capacity development agricultural economics developing countries convergent improvement |
| url | https://hdl.handle.net/10568/146829 |
| work_keys_str_mv | AT martinwill economicgrowthconvergenceandagriculturaleconomics |