Abstract
There is a considerable volume of work on the growth of the agricultural sector and its relationship to the overall growth of the economy. Some of this work is carried out under the title of a dual economy which consists of traditional, largely rural, and non-traditional, largely urban, sectors. It is not feasible to survey this work here and instead we concentrate on introducing the present framework.2
This paper is part of a study on agriculture and economic growth carried out at the International Food Policy Research Institute, Washington, DC, and the Center for Agricultural Economic Resarch, Rehovot. I am indebted to John Strauss for his excellent research assistance.
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Notes
For a recent survey of the literature on dual economies, see C. Lluch, Theory of Development in Dual Economies: A Survey, mimeographed (Washington, DC: The World Bank, 1977).
Simon Kuznets, ‘Quantitative Aspects of the Economic Growth of Nations, II: Industrial Distribution of National Product and Labor Force’, Economic Development and Cultural Change, Vol. 5 (supplement) (July, 1957) pp. 1–111; and Six Lectures on Economic Growth (Free Press, 1959).
Cf. Y. Mundlak and R. Mosenson, ‘Two Sector Model with Generalized Demand’, Metroeconomica (September–December 1970).
A discussion of this point within a micro framework appears in Yair Mundlak, ‘On Microeconomic Theory of Distributed Lags’, Review of Economics and Statistics, 48: 1 (February 1966) pp. 51–60.
In some of the important features the model is similar to the disequilibrium model discussed in Kelley, A. C., Williamson, J. G. and Cheetham, R., Dualistic Economic Development (Chicago: University of Chicago Press, 1972) Ch. 7.
Mundlak, Y., and Strauss, John, ‘The Flow of Savings out of Agriculture — the Case of Japan’ (Washington, DC: International Food Policy Research Institute, 1976).
Mundlak, Y., ‘Migration out of Agriculture, Empirical Analysis Based on Country Data’ (Washington, DC: International Food Policy Research Institute, 1976).
Cf. A. C. Kelley, J. G. Williamson and R. Cheetham, Dualistic Economic Development (Chicago: University of Chicago Press, 1972);
H. S. Houthakker, ‘Disproportional Growth and the Intersectoral Distribution of Income’, in Relevance and Precision, From Quantitative Analysis to Economic Policy, eds. J. S. Cramer, A. Heertje and P. E. Venekamp (Samson and North-Holland, 1976).
Mundlak, Y., and Strauss, J., Occupational Migration Out of Agricultural in Japan (Washington, DC: International Food Policy Research Institute, 1976).
Mundlak, Y., The Terms of Trade of Agriculture in Context of Economic Growth’, in Papi, U. and Nunn, C. (eds.), Economic Problems of Agriculture in Industrial Societies (London: Macmillan, 1969) pp. 634–56.
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© 1980 International Economic Association
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Mundlak, Y. (1980). Agricultural Growth in the Context of Economic Growth. In: Matthews, R.C.O. (eds) Economic Growth and Resources. International Economic Association Series. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-04063-6_12
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