Agricultural productivity growth and the development of manufacturing in developing Asia |
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| Institution: | 1. Department of Economics, Southern Illinois University, Carbondale, IL 62901, USA;2. Department of Economics, Sam Houston State University, Huntsville, TX 77341, USA;1. Department of Economics, University of Siegen, 57068 Siegen, Germany;2. CESifo, München, Germany;1. School of Finance, Shanghai University of Finance and Economics, China;2. Faculty of Banking and Finance, Thuongmai University, Hanoi, Viet Nam;1. Florida International University, 11200 SW 8th St., Miami, FL, 33199, USA;2. Palm Beach Atlantic University, 901 South Flagler Dr., West Palm Beach, FL, 33416-4708, USA;1. Department of Quantitative Economics, School of Economics and Business, University of Sarajevo, Sarajevo, Bosnia and Herzegovina;2. World Bank, Washington DC, United States;1. Fluminense Federal University, Department of Economics and National Council for Scientific and Technological Development (CNPq), Brazil;2. Federal University of Juiz de Fora, Department of Economics, Brazil |
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| Abstract: | In this paper, it is argued that agricultural productivity is an important determinant of the extent of manufacturing development. Specifically, it was hypothesized that agricultural productivity played a significant role in influencing the share of employment in the manufacturing sector as a proportion of total employment. This hypothesis was tested empirically utilizing data from eleven Asian countries over a thirty-five-year period. The results support the hypothesis. In addition, the results show that human capital accumulation has also played an important role in positively influencing the share of manufacturing employment in total employment for the countries in the sample. |
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| Keywords: | Structural change Agriculture Asia |
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