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- W2169457851 abstract "This paper focuses on interventions by governments of developing countries that tend to distort economic incentives and, in particular, to transfer resources from agriculture. Generally, as agriculture is modernizedand an economy develops, labor is transferred out of agriculture. Parallel to this transfer is the need for capital deepeningl/ in agriculture in the formof investments in land and human capital and the adoption of chemical, biological and mechanical technology that saves on the use of the sector's most scarce resources. Since markets work imperfectly in the provision of newagricultural technology, rural infrastructure, education and other services that permit markets to function efficiently, government programs and projects to remedy these imperfections are often socially profitable..." @default.
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- W2169457851 date "1987-01-01" @default.
- W2169457851 modified "2023-09-26" @default.
- W2169457851 title "AGRICULTURAL POLICY IN DEVELOPING COUNTRIES: THE TRANSFER OF RESOURCES FROM AGRICULTURE" @default.
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- W2169457851 doi "https://doi.org/10.22004/ag.econ.7496" @default.
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