Sectoral Productivity Growth and Poverty Reduction: National and Global Impacts

Autor: Maros Ivanic, Will Martin
Rok vydání: 2018
Předmět:
Zdroj: World Development. 109:429-439
ISSN: 0305-750X
DOI: 10.1016/j.worlddev.2017.07.004
Popis: Summary This paper examines the implications of productivity improvements in agriculture, industry, and services for global poverty. We find that, in poor countries, increases in agricultural productivity generally have a larger poverty-reduction effect than increases in industry or services. This differential declines as average incomes rise, partly because agriculture becomes smaller as a share of the economy, and partly because agricultural productivity growth becomes less effective in reducing poverty. The source of the poverty-reduction benefits from agricultural productivity growth changes as innovations are more widely adopted—moving from increases in producer returns to reductions in consumer prices.
Databáze: OpenAIRE