Dynamic and long-term linkages among agricultural and non-agricultural growth,inequality and poverty in developing countries |
| |
| Authors: | Katsushi S Imai Wenya Cheng Raghav Gaiha |
| |
| Institution: | 1. Economics, School of Social Sciences, University of Manchester, Manchester, UK;2. Department of Global Health and Population, Harvard School of Public Health, Harvard University, Boston, USA;3. Global Development Institute, University of Manchester, Manchester, UK |
| |
| Abstract: | Drawing upon cross-country panel data for developing countries, the present study examines the role of agricultural growth in reducing inequality and poverty by modelling the dynamic linkage between agricultural and non-agricultural sectors. For this purpose, we have compared the roles of agricultural and non-agricultural growth and have found that agricultural growth is more important in reducing poverty, while the negative effect of agricultural growth on inequality is found in a few cases where specific definitions of inequality are adopted. Our analysis generally reinforces the case for revival of agriculture in the post-2015 discourse, contrary to much-emphasised roles of rural–urban migration and urbanisation as main drivers of growth and elimination of extreme poverty. |
| |
| Keywords: | Inequality Poverty Growth Agriculture Non-agriculture MDG SDG |
|
|
