Publication:
Farm Mechanization : A New Challenge for Agriculture in Low and Middle Income Countries of Europe and Central Asia

Loading...
Thumbnail Image
Files in English
English PDF (1.98 MB)
1,561 downloads
English Text (282.25 KB)
101 downloads
Date
2010-01
ISSN
Published
2010-01
Author(s)
Abstract
This report shows that trends in farm mechanization are attributable to differing approaches to reform and differing agricultural resource endowments. The level of reform determines the pattern and extent to which labor and capital change, with land reform and commodity market liberalization as the underlying forces for change. These reforms substantially raise the incentives to invest as a means to increase productivity and incomes. In countries where this initial threshold of reform has not been attained agricultural incomes grow more slowly and there is less incentive to invest. Where the incentives to invest are high a second round of reform is necessary to facilitate investment reforms which deepen and strengthen financial markets and improve the business environment.
Link to Data Set
Citation
World Bank. 2010. Farm Mechanization : A New Challenge for Agriculture in Low and Middle Income Countries of Europe and Central Asia. © Washington, DC. http://hdl.handle.net/10986/12505 License: CC BY 3.0 IGO.
Report Series
Other publications in this report series
Journal
Journal Volume
Journal Issue
Associated URLs
Associated content
Citations