Title: Structural Transformation of the Agricultural Sector: A Primer
Abstract: In developing countries, structural transformation started much later, mostly in the 1900s. The structural transformation of the agricultural sector has been characterized by the relative decline of basic agriculture; the rising importance of agribusiness, which includes the value added for agro-related industries and for agricultural trade and distribution services; as well as the growing share of high-value agricultural products in international trade with respect to traditional exports. Agricultural structural transformation has been shaped by three interrelated processes: improvements in productivity; change in composition in production; and change in mode of commercialization.
Publication Year: 2016
Publication Date: 2016-03-01
Language: en
Type: article
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