We study how stochasticity in the evolution of agricultural productivity interacts with economic and population growth at the global level. We use a two-sector Schumpeterian model of growth, in which a manufacturing sector produces the traditional consumption good and an agricultural sector...

Agricultural growth is a particularly important pathway for addressing the needs of the chronically poor who, as a group, are particularly reliant on agriculture. In summarising key findings on agricultural growth and poverty reduction from country studies commissioned by the Chronic Poverty...