| Registro completo |
| Provedor de dados: |
AgEcon
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| País: |
United States
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| Título: |
Does agricultural growth have a causal effect on manufacturing growth?
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| Autores: |
Shifa, Abdulaziz B.
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| Data: |
2011-09-02
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| Ano: |
2011
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| Palavras-chave: |
Agricultural Growth
Manufacturing Growth
Instrumental variable.
Community/Rural/Urban Development
International Development
O14
O25
Q10
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| 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%.
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| Tipo: |
Conference Paper or Presentation
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| Idioma: |
Inglês
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| Identificador: |
http://purl.umn.edu/116003
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| Relação: |
European Association of Agricultural Economists>2011 International Congress, August 30-September 2, 2011, Zurich, Switzerland
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| Formato: |
13
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