Data/hora: 05/06/2024 18:20:01

Provedor de dados: 	Research in Agricultural & Applied Economics (AgEcon Searh)	
País: 	United States	
Título: 	Does agricultural growth have a causal effect on manufacturing growth?	
Autores: 	Shifa,   Abdulaziz B.	
Data: 	2011-09-02	
Ano: 	2011	
Palavras-chave: 	Agricultural Growth; Manufacturing Growth; Instrumental variable.; Community/Rural/Urban Development; International Development; O14; O25; Q10.	
Resumo: 	Though the role of agricultural growth for manufacturing growth has been at the center of the discourse on economic development, empirically identifying the causal effect of agricultural growth on manufacturing growth has remained illusive for the correlation between the two doesn't necessarily imply causality. This paper attempts to overcome the identification problem. Since agriculture is heavily dependent on the weather, random weather variations are used as instruments to identify the causal impact of agricultural growth on manufacturing growth. Results show that agricultural growth has a significant positive impact on manufacturing growth. The impact is higher the higher is agriculture's share in the economy (as measured by GDP and employment share). For example, in an economy with 50% of agricultural GDP, a 1% increase in agricultural output increases manufacturing output by about 1%.	
Tipo: 	Conference Paper or Presentation	
Idioma: 	Inglês	
Identificador: 	http://purl.umn.edu/116003	
Relação: 	European Association of Agricultural Economists&gt;2011 International Congress, August 30-September 2, 2011, Zurich, Switzerland	
Formato: 	13