Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/109479 
Year of Publication: 
2013
Series/Report no.: 
ADB Economics Working Paper Series No. 363
Publisher: 
Asian Development Bank (ADB), Manila
Abstract: 
Relative to other developing regions, developing Asia has experienced a slower decline in employment share in agriculture, compared to its output share; a rapid growth in labor and land productivity; and a shift from agricultural output from traditional to high-value products. The most successful Asian economies have pursued an agricultural development-led industrialization pathway. Nevertheless, agriculture remains the largest employer in many large Asian countries, hence future structural transformation must take into account agricultural transformation. Extrapolating from past trends, and taking to account emerging conditions, many countries of developing Asia will be expected to move on to the next phase of agricultural development; however even in the long term, agriculture's employment share will continue to be sizable relative with the output share. To expedite transformation, many Asian countries will still need to promote long term productivity growth in agriculture and facilitate upgrading of their farms and agroenterprises within the global value chain.
Subjects: 
economic growth
structural transformation
agricultural development
agricultural productivity
global value chain
JEL: 
O13
Q19
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Working Paper

Files in This Item:
File
Size
524.59 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.