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Factor Prices and Technical Change in Agricultural Development: The United States and Japan, 1880–1960

Yujiro Hayami and Vernon W. Ruttan

in Can Economic Growth Be Sustained?: The Collected Papers of Vernon W. Ruttan and Yujiro Hayami

Published in print:
2011
Published Online:
April 2015
ISBN:
9780199754359
eISBN:
9780190261320
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:osobl/9780199754359.003.0010
Subject:
Economics and Finance, Macro- and Monetary Economics

This chapter explores the common basis for rapid growth in agricultural output and productivity that lies in the adaptation of agricultural technology to the contrasting factor proportions in Japan ... More


An Emerging Agricultural Problem in High-Performing Asian Economies

Yujiro Hayami

in Can Economic Growth Be Sustained?: The Collected Papers of Vernon W. Ruttan and Yujiro Hayami

Published in print:
2011
Published Online:
April 2015
ISBN:
9780199754359
eISBN:
9780190261320
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:osobl/9780199754359.003.0015
Subject:
Economics and Finance, Macro- and Monetary Economics

This chapter identifies the nature of a new agricultural problem emerging in high-performing economies in Asia, as they advance from the low-income to a middle-income stage. The “agricultural ... More


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