Capital accumulation, the choice of techniques, and agricultural output
Economic growth is achieved largely through capital accumulation and technical change. However, these two processes are not independent. Generation of technical change requires resources and in this sense can be considered to be an investment activity, as is recognized by calling cumulative investme...
| Main Author: | |
|---|---|
| Format: | Book Chapter |
| Language: | Inglés |
| Published: |
International Food Policy Research Institute
1988
|
| Subjects: | |
| Online Access: | https://hdl.handle.net/10568/161129 |
| _version_ | 1855535183825993728 |
|---|---|
| author | Mundlak, Yair |
| author_browse | Mundlak, Yair |
| author_facet | Mundlak, Yair |
| author_sort | Mundlak, Yair |
| collection | Repository of Agricultural Research Outputs (CGSpace) |
| description | Economic growth is achieved largely through capital accumulation and technical change. However, these two processes are not independent. Generation of technical change requires resources and in this sense can be considered to be an investment activity, as is recognized by calling cumulative investment in nonphysical capital "human capital." The implication is that the rate of growth of the economy depends, to a large degree, on the rate of capital accumulation. This chapter will discuss some aspects of the structure of this interdependence between capital accumulation and technical change. The emphasis will be on agriculture, but many of the propositions are of a general nature. |
| format | Book Chapter |
| id | CGSpace161129 |
| institution | CGIAR Consortium |
| language | Inglés |
| publishDate | 1988 |
| publishDateRange | 1988 |
| publishDateSort | 1988 |
| publisher | International Food Policy Research Institute |
| publisherStr | International Food Policy Research Institute |
| record_format | dspace |
| spelling | CGSpace1611292025-04-08T18:30:03Z Capital accumulation, the choice of techniques, and agricultural output Mundlak, Yair food prices developing countries agricultural prices Economic growth is achieved largely through capital accumulation and technical change. However, these two processes are not independent. Generation of technical change requires resources and in this sense can be considered to be an investment activity, as is recognized by calling cumulative investment in nonphysical capital "human capital." The implication is that the rate of growth of the economy depends, to a large degree, on the rate of capital accumulation. This chapter will discuss some aspects of the structure of this interdependence between capital accumulation and technical change. The emphasis will be on agriculture, but many of the propositions are of a general nature. 1988 2024-11-21T09:53:40Z 2024-11-21T09:53:40Z Book Chapter https://hdl.handle.net/10568/161129 en Open Access application/pdf International Food Policy Research Institute Mundlak, Yair. 1988. Capital accumulation, the choice of techniques, and agricultural output. In Agricultural price policy for developing countries. Mellor, John W. and Ahmed, Raisuddin (Eds.) Chapter 10. Pp. 171-189. Baltimore, MD: Published for the International Food Policy Research Institute (IFPRI) by Johns Hopkins University Press. https://hdl.handle.net/10568/161129 |
| spellingShingle | food prices developing countries agricultural prices Mundlak, Yair Capital accumulation, the choice of techniques, and agricultural output |
| title | Capital accumulation, the choice of techniques, and agricultural output |
| title_full | Capital accumulation, the choice of techniques, and agricultural output |
| title_fullStr | Capital accumulation, the choice of techniques, and agricultural output |
| title_full_unstemmed | Capital accumulation, the choice of techniques, and agricultural output |
| title_short | Capital accumulation, the choice of techniques, and agricultural output |
| title_sort | capital accumulation the choice of techniques and agricultural output |
| topic | food prices developing countries agricultural prices |
| url | https://hdl.handle.net/10568/161129 |
| work_keys_str_mv | AT mundlakyair capitalaccumulationthechoiceoftechniquesandagriculturaloutput |