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Resource Transfers from Agriculture

In: The Balance between Industry and Agriculture in Economic Development

Author

Listed:
  • M. Agnes

    (University Of the Philippines)

  • R. Quisumbing

    (University Of the Philippines)

  • Lance Taylor

    (Massachusetts Institute of Technology)

Abstract

A central dogma in development economics stressed the role of resource transfers from agriculture in the process of structural transformation: saving from the sector is supposed to support the major proportion of capital formation, especially at low levels of per capita income. In the absence of substantial external aid, reliance on agricultural resource transfers appears to be the inevitable course for a predominantly agricultural developing country.

Suggested Citation

  • M. Agnes & R. Quisumbing & Lance Taylor, 1989. "Resource Transfers from Agriculture," International Economic Association Series, in: Sukhamoy Chakravarty (ed.), The Balance between Industry and Agriculture in Economic Development, chapter 6, pages 116-145, Palgrave Macmillan.
    • Handle: RePEc:pal:intecp:978-1-349-10274-7_6
    DOI: 10.1007/978-1-349-10274-7_6
    as

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