Chapter

A Model of Agricultural Transition

Johan F. M. Swinnen

in From Marx and Mao to the Market

Published in print January 2006 | ISBN: 9780199288915
Published online May 2006 | e-ISBN: 9780191603518 | DOI: http://dx.doi.org/10.1093/0199288917.003.0003
 A Model of Agricultural Transition

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This chapter develops a model of agricultural transition. The model is used to illustrate the technical and allocative inefficiencies under Socialism, and to explain how efficiency changed during transition with privatization, land reform, disruptions, and other reforms. It provides an empirical illustration how different initial conditions could lead to different patterns of transition.

Keywords: agricultural transition model; economics; efficiency; reform; Socialism; agriculture

Chapter.  7521 words.  Illustrated.

Subjects: Economic Development and Growth

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