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Economic development and the role of agricultural technology

Authors


*Corresponding author. Tel.: 618 453 5082; fax: 618 453 2717.
E-mail address:ricardo@siu.edu (R. Grabowski).

Abstract

In earlier debates on economic development, the agricultural sector's role was somewhat controversial. While dualistic models highlighted the importance of agriculture, the mainstream literature placed a greater emphasis on the creation of a modern industrial sector. Soon agriculture disappeared from the mainstream development literature to re-emerge recently with a variety of multiple-sector growth models emphasizing the key role of agriculture and specifically technology in agriculture. This article is an empirical cross-country analysis of agricultural technology's role in economic development. Specifically, the hypothesis being tested is whether improvements in agricultural technology have a significant impact on long-run economic growth. The results indicate that agricultural modernization has a positive effect on both measures of economic growth and human development.

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