Study week on the econometric approach to development planning

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Monograph

Identifikator:: 1824422792

URN:: urn:nbn:de:zbw-retromon-217476

Document type:: Monograph

Title:: Study week on the econometric approach to development planning

Place of publication:: Amsterdam [u.a.]

Publisher:: North-Holland Publ. Co. [u.a.]

Year of publication:: 1965

Scope:: XLVII, 1259 S.; graph. Darst.

Digitisation:: 2022

Collection:: Economics Books

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Document type:: Monograph

Structure type:: Chapter

Title:: Econometric analysis and agricultural and development plans / D. Gale Johnson, University of Chicago - Chicago - U.S.A.

Collection:: Economics Books

SEMAINE D'ÉTUDE SUR LE ROLE DE L’ANALYSE ECONOMETRIQUE ETC. 116) agricultural output, the export earnings of the low income coun- tries are adversely affected. It is sometimes argued that the agricultural policies and the related import and export policies of the industrial nations have little effect on tropical products and, since most underdeveloped areas are tropical, very little effect on the exports of underdeveloped areas. It is true that most of the restrictive measures undertaken by industrial coun- tries affect cereals, which are grown mainly in temperate zones and in developed nations. But sugar is heavily protected in most industrial countries and cane sugar is a tropical product. And the grain policies of industrial countries do have an im- pact upon the market for rice, which is primarily a tropical product. Underdeveloped areas are a major source of ve- getable fats and oils, which are subject to import duties in some industrial countries. Sugar, rice, fats and oils are major sources of foreign exchange for many underdeveloped areas; the ability of such countries to import capital equipment and other requirements for economic growth are affected directly by the agricultural and trade policies of the industrial nations. In summary and stated in broad terms, development plans or policies for agriculture are primarily concerned with achiev- ing a rate of growth of output that is approximately the same as the rate of growth of demand. In the underdeveloped areas of the world and in Eastern Europe, the plans or policies must concentrate upon measures that will increase the agricultural output growth rate. Obviously this must be achieved with an expenditure of resources that permits attaining other important objectives. In the United States the policies should create a situation in which output growth is no greater than the growth of demand and at the same time achieve a level of return to resources engaged in agriculture approximately equal to the returns received by comparable resources engaged elsewhere. In Western Europe the substantial imports of food give the region the choice of expanding food output to suppl te re ‘16, Johnson - pag. 21

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