The Role of Agriculture in Development

  title={The Role of Agriculture in Development},
  author={Douglas Gollin and Stephen L. Parente and Richard Rogerson},
A longstanding question in economics is why some countries are so much richer than others. Today, for example, income per capita in the world's richest countries is roughly thirty-five times greater than it is in the world's poorest countries. Recent work (e.g., Robert E. Lucas 2001, and Rachel Ngai 1999) argues that the proximate cause of this disparity is that today's poor countries began the process of industrialization much later and that this process is slow. In this paper we argue that a… CONTINUE READING
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