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The Agriculture–Macroeconomy Growth Link in India, Pakistan, and Bangladesh: 1900–2000

In: Agricultural Development in the World Periphery

Author

Listed:
  • Takashi Kurosaki

    (Hitotsubashi University)

Abstract

Using a long-term dataset that correspond to the current borders for the period c.1900–2000, Chapter 8 investigates the agriculture–macroeconomy growth link in India, Pakistan, and Bangladesh. The empirical results show a long-term decline in the share of agriculture in GDP in all three regions, including the colonial period when per-capita GDP stagnated. They also show two structural changes. The first one occurred between pre- and post-1947 periods in India and Bangladesh. The portion of non-agricultural growth that can be attributable to agricultural growth increased substantially after Partition in 1947. The second one occurred around the 1970s–1980s in all the three countries, when non-agricultural growth that occurred autonomously became the main engine of macroeconomic growth.

Suggested Citation

  • Takashi Kurosaki, 2018. "The Agriculture–Macroeconomy Growth Link in India, Pakistan, and Bangladesh: 1900–2000," Palgrave Studies in Economic History, in: Vicente Pinilla & Henry Willebald (ed.), Agricultural Development in the World Periphery, chapter 8, pages 207-234, Palgrave Macmillan.
    • Handle: RePEc:pal:palscp:978-3-319-66020-2_8
    DOI: 10.1007/978-3-319-66020-2_8
    as

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