The financial surplus of agriculture has been central to theories of the role of agriculture in economic development … financial surplus of agriculture and decompose the mechanisms of surplus extraction. History and theory have, however, stressed …. We extend the MT approach by defining and measuring the real surplus of agriculture and decomposing the mechanisms of …

saving and investment, irrationality of peasant behaviour, technological aspects of externalities and demographic parameters …. Further, it develops a model that is then used to analyse the specific problem of capital accumulation in agriculture …