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Title:Convergence in agriculture of some Asian countries PDF Logo
Authors:Barrios, Erniel B.
Issue Date:2007
Series/Report no.:ADB Institute Discussion Papers 71
Abstract:An agricultural growth model is proposed to verify the agricultural convergence hypothesis among some Asian countries following the method of Barro and Sala-i-Martin (1992) and Sala-i-Martin (1996). Conditional convergence of agriculture is facilitated by foreign aid intended for agriculture and spatial externalities associated with foreign trade. However, foreign aid for agriculture may not serve the purpose of mobilizing resources for an environment conducive to development, but rather may function as a substitute to public expenditure for the sector.
Subjects:agricultural growth
convergence
trade
foreign aid
public expenditures
JEL:Q17
O13
H50
Document Type:Working Paper
Appears in Collections:ADB Institute Discussion Papers, Asian Development Bank Institute

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