Market integration and structural transformation in a poor rural economy:

"By developing a simple theoretical model of the impact of market integration on sectoral output and employment in a poor rural setting, this paper demonstrates that trade can induce asymmetric growth. Under certain, plausible, assumptions, the non-farm sector will grow much faster than the agr...

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Bibliographic Details
Main Author: Söderbom, Måns (Author)
Format: Electronic eBook
Language:English
Published: [Washington, D.C] World Bank 2009
Series:Policy research working paper 4856
Subjects:
Links:https://doi.org/10.1596/1813-9450-4856
Summary:"By developing a simple theoretical model of the impact of market integration on sectoral output and employment in a poor rural setting, this paper demonstrates that trade can induce asymmetric growth. Under certain, plausible, assumptions, the non-farm sector will grow much faster than the agricultural sector when markets become integrated. Promoting market integration may thus be an effective way of encouraging diversification beyond agriculture and catalysing structural change in poor rural economies. "--World Bank web site
Item Description:Includes bibliographical references. - Title from PDF file as viewed on 5/8/2009
Physical Description:1 Online-Ressource
DOI:10.1596/1813-9450-4856