TECHNOLOGY, FACTOR ENDOWMENT, PRICES AND THE RELATIVE DECLINE OF AGRICULTURE IN TAIWAN Report as inadecuate




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This paper specifies an empirical model of the relative decline of the agricultural sector consistent with the neoclassical explanation. We utilize a production theory approach to analyze the effect of changes in relative prices, relative factor endowments and technical change on the share of agriculture in GDP in a growing economy. The model is estimated with time series data on the agricultural sector and nonagricultural sectors in Taiwan.

Subject(s): Agribusiness

Productivity Analysis

Issue Date: 1999

Publication Type: Conference Paper/ Presentation

PURL Identifier: http://purl.umn.edu/21700

Total Pages: 12

Series Statement: Selected Paper

Record appears in: American Agricultural Economics Association (AAEA) > 1999 Annual meeting, August 8-11, Nashville, TN





Author: Sun, Ling ; Fulginiti, Lilyan E. ; Peterson, E. Wesley F.

Source: http://ageconsearch.umn.edu/record/21700?ln=en







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