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Agriculture and economic development

In: Handbook of Agricultural Economics

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  • Timmer, C. Peter

Abstract

This chapter takes an analytical look at the potential role of agriculture in contributing to economic growth, and develops a framework for understanding and quantifying this contribution. The framework points to the key areas where positive linkages, not necessarily well-mediated by markets, might exist, and it highlights the empirical difficulties in establishing their quantitative magnitude and direction of impact. Evidence on the impact of investments in rural education and of nutrition on economic growth is reviewed. The policy discussion focuses especially on the role of agricultural growth in poverty alleviation and the nature of the market environment that will stimulate that growth.

Suggested Citation

  • Timmer, C. Peter, 2002. "Agriculture and economic development," Handbook of Agricultural Economics, in: B. L. Gardner & G. C. Rausser (ed.), Handbook of Agricultural Economics, edition 1, volume 2, chapter 29, pages 1487-1546, Elsevier.
    • Handle: RePEc:eee:hagchp:3-29
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    JEL classification:

    • Q00 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - General

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