Agricultural productivity and economic growth: Role of tax revenues and infrastructures
Agricultural productivity and economic growth: Role of tax revenues and infrastructures
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农业生产力和经济增长：税收和基础设施的作用
DOI：
10.2307/20111859
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发表时间：
2006
期刊：
影响因子：
--
通讯作者：
Mei Hsu
中科院分区：
文献类型：
--
作者：
Jingduo Chang;Been;Mei Hsu
为了鼓励发展中经济体的经济增长，更高的农业生产率被认为可以促进制造业的发展，从而提供向工业化的过渡。尽管农业生产率和经济增长之间的这种正向联系被认为是不正确的，但基于松山(1992)在小型开放经济体模型中的比较优势论证，本文通过引入创收效应来扩展松山的模型，重新审视了这种联系，而他的模型中没有收入创造效应。由于农业是经济发展早期的重要税收来源，提高农业生产率可产生更多税收，并促进基础设施支出。通过引入政府税收和基础设施支出，我们证明在适当的条件下，较高的农业生产率通过税收创造正增长效应，而收入创造通过比较优势主导负增长效应。此外，引入基础设施支出可能会将制造业最初的比较劣势转变为比较优势，从而使陷入困境的经济起飞并最终实现工业化。从日本、台湾和韩国经济发展的早期阶段，我们可以定量地评估农业生产率对劳动力配置和经济增长的明显净正效应。
To encourage economic growth in a developing economy, higher agricultural productivity has been believed to enhance the manufacturing sector's development, which provides the transition into industrialization. Although this positive linkage between agricultural productivity and economic growth has been judged to be incorrect, based upon the comparative advantage argument in a model of small-open economies by Matsuyama (1992), this article revisits the linkage by extending Matsuyama's model by introducing the revenue-generating effect, which is missing in his model. As agriculture is an important source of taxation in an early stage of economic development, higher agricultural productivity generates more tax revenues and facilitates spending on infrastructure. By introducing government taxation and infrastructure expenditure, we show that under proper conditions, higher agricultural productivity creates a positive growth effect via the revenue generation that dominates the negative growth effect through the comparative advantage. Moreover, introducing infrastructure expenditure may shift the manufacturing sector's original comparative disadvantage into comparative advantage, thereby enabling a trapped economy to take off and eventually industrialize. From the early stages of economic development in Japan, Taiwan, and Korea, we can quantitatively assess an obvious net positive effect of agricultural productivity upon labor allocation and economic growth.