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This article examines the role of agriculture in economic development in three Asian countries Japan, Korea, and Taiwan Agricultural output increased substantially and agricultural exports were achieved at the initial stage of economic development on Japan and Taiwan In Korea, however,...
Persistent link: https://www.econbiz.de/10010881942
The economic development of South Korea is often considered a model for developing countries. We use 1975 and 1990 data in a general equilibrium framework with a highly disaggregated sector specification to evaluate the opportunity cost of its agricultural protection. We show that although...
Persistent link: https://www.econbiz.de/10005513724
Persistent link: https://www.econbiz.de/10010880754
The Interindustry flows required to support the output of the U S food and fiber system are decomposed Into backward and forward linkages Our purpose is to evaluate the relative Importance of farm versus food-and fiber-processing activities For the United States In 1977, backward linkages...
Persistent link: https://www.econbiz.de/10010919448
US agricultural economic growth in this century has been characterized by a slow rise in the demand for food and faster growth in farm output as against nonfarm productivity. In such an environment, one expects the size of the farm sector to decline as a share of the rest of the economy. What is...
Persistent link: https://www.econbiz.de/10010910391
Persistent link: https://www.econbiz.de/10010910582
Grafting an adjustment equation onto an input-output based projection model improves the predictive performance of the unadjusted model and results in a relatively sensitive estimator of both the level of and changes in nominal and real gross farm product.
Persistent link: https://www.econbiz.de/10010919700