Agricultural Productivity Differences
Vernon W. Ruttan, Yūjirō Hayami
Abstract
Vernon W. Ruttan, Yūjirō Hayami
Abstract
Growth in aggregate agricultural output, and productivity is generally recognized as a necessary condition for economic development. The persistent differences productivity among countries and regions (Figure 1) have severely dampened the optimism among national policy makers and planners and among officials in the international aid agencies as to the possibility of substantially narrowing the gaps in productivity (total, land, and worker) in the feasible future.
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Growth in aggregate agricultural output, and productivity is generally recognized as a necessary condition for economic development. The persistent differences productivity among countries and regions (Figure 1) have severely dampened the optimism among national policy makers and planners and among officials in the international aid agencies as to the possibility of substantially narrowing the gaps in productivity (total, land, and worker) in the feasible future.
Key concepts: Productivity, Optimism, Agricultural productivity, Agriculture, Economics, Agricultural economics, Natural resource economics, Business