Dynamic externalities and structural change in Kenya
Economic development and structural transformation are dynamic processes in which sectoral interactions are numerous and multidirectional. Recent growth literature has noted that many of these effects occur in the form of externalities not captured in a neoclassical accounting of intersectoral resou...
| Autores principales: | , |
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| Formato: | Capítulo de libro |
| Lenguaje: | Inglés |
| Publicado: |
International Food Policy Research Institute
1995
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| Materias: | |
| Acceso en línea: | https://hdl.handle.net/10568/157292 |
| _version_ | 1855525988614537216 |
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| author | Johnston, Bruce F. Park, Albert |
| author_browse | Johnston, Bruce F. Park, Albert |
| author_facet | Johnston, Bruce F. Park, Albert |
| author_sort | Johnston, Bruce F. |
| collection | Repository of Agricultural Research Outputs (CGSpace) |
| description | Economic development and structural transformation are dynamic processes in which sectoral interactions are numerous and multidirectional. Recent growth literature has noted that many of these effects occur in the form of externalities not captured in a neoclassical accounting of intersectoral resource flows and price adjustments. This work has emphasized, for example, that increasing returns phenomena such as demand externalities (Murphy, Shleifer, and Vishny 1989a) and human capital spillovers (Romer 1986) can play an important role in leading the growth process. The assessment just presented by Bigsten and Collier in chapter 7 takes a primarily static view of agricultural linkages in Kenya. This chapter points out ways in which such a perspective may overlook important aspects of linkage effects and structural transformation in Kenya. The discussion draws heavily on the successful agricultural and rural development experience in Taiwan to illustrate the potential importance of intersectoral linkages and certain dynamic externalities. |
| format | Book Chapter |
| id | CGSpace157292 |
| institution | CGIAR Consortium |
| language | Inglés |
| publishDate | 1995 |
| publishDateRange | 1995 |
| publishDateSort | 1995 |
| publisher | International Food Policy Research Institute |
| publisherStr | International Food Policy Research Institute |
| record_format | dspace |
| spelling | CGSpace1572922025-01-10T06:43:02Z Dynamic externalities and structural change in Kenya Johnston, Bruce F. Park, Albert agriculture developing countries productivity income innovation agricultural development economic development industrialization agricultural policies poverty Economic development and structural transformation are dynamic processes in which sectoral interactions are numerous and multidirectional. Recent growth literature has noted that many of these effects occur in the form of externalities not captured in a neoclassical accounting of intersectoral resource flows and price adjustments. This work has emphasized, for example, that increasing returns phenomena such as demand externalities (Murphy, Shleifer, and Vishny 1989a) and human capital spillovers (Romer 1986) can play an important role in leading the growth process. The assessment just presented by Bigsten and Collier in chapter 7 takes a primarily static view of agricultural linkages in Kenya. This chapter points out ways in which such a perspective may overlook important aspects of linkage effects and structural transformation in Kenya. The discussion draws heavily on the successful agricultural and rural development experience in Taiwan to illustrate the potential importance of intersectoral linkages and certain dynamic externalities. 1995 2024-10-24T12:48:38Z 2024-10-24T12:48:38Z Book Chapter https://hdl.handle.net/10568/157292 en Open Access application/pdf International Food Policy Research Institute Johnston, Bruce F.; Park, Albert. 1995. Dynamic externalities and structural change in Kenya. Baltimore, MD: International Food Policy Research Institute. https://hdl.handle.net/10568/157292 |
| spellingShingle | agriculture developing countries productivity income innovation agricultural development economic development industrialization agricultural policies poverty Johnston, Bruce F. Park, Albert Dynamic externalities and structural change in Kenya |
| title | Dynamic externalities and structural change in Kenya |
| title_full | Dynamic externalities and structural change in Kenya |
| title_fullStr | Dynamic externalities and structural change in Kenya |
| title_full_unstemmed | Dynamic externalities and structural change in Kenya |
| title_short | Dynamic externalities and structural change in Kenya |
| title_sort | dynamic externalities and structural change in kenya |
| topic | agriculture developing countries productivity income innovation agricultural development economic development industrialization agricultural policies poverty |
| url | https://hdl.handle.net/10568/157292 |
| work_keys_str_mv | AT johnstonbrucef dynamicexternalitiesandstructuralchangeinkenya AT parkalbert dynamicexternalitiesandstructuralchangeinkenya |