Sectoral Productivity Growth and Poverty Reduction: National and Global Impacts
Autor: | Maros Ivanic, Will Martin |
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Rok vydání: | 2018 |
Předmět: |
Economics and Econometrics
Sociology and Political Science Poverty Natural resource economics business.industry Poverty reduction 05 social sciences Geography Planning and Development Differential (mechanical device) Development A share Agricultural economics Agriculture 0502 economics and business Economics 050202 agricultural economics & policy 050207 economics Agricultural productivity business Productivity Total factor productivity |
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 |
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