Role of Agriculture in Economic Developemnt Revisited

Sub-topics include

i) the role of agriculture v.s. industry as engine of earlyeconomic development
(Timmer 1988, Jorgenson 1961, Lewis 1954, Smith1776, Malthus 1798-1826, Matsuyama 1992);

ii) the role of agriculture in early demographic change(Boserup 1981);

iii) the role of agriculture with equitable distribution of landand property rights in early social development
(Kenneth Kang et al. 1999);

iv) the role of social capability on economic development (Abromovitz 1986)

v) the link between demographic change in the size and agecomposition of population and early economic development(Bloom et al.2003),

vi) the transformation of agricultural household sector from asource of negative external effects to one of positive externaleffects(Acemoglu 1993);

vii) the role of agricultural development inenhancing calory in-take and thus improving the quality of laborenough to endure highly intensive work(Fogel 1993).

Key words to the proposed answer include:

i) broadly-based agriculturaldevelopmnet,
ii) stages of economic development,
iii) human development as thekey to economic development,
iv) asymmetric roles of agriculture andindustry in human development,
v) interaction between agriculturaldevelopment and human development taking effects over generations,
vi) abroader framework toward economic development in SSA,
vii) completing the missing link in the literature,
viii) demographic dividend,
ix) institutional infrastructures such as communal ownership of land,
x) children as a means of savings,
xi) immobility of the smallholder subsistence of farmers in SSA to industrial sector,
xii) generation of new healthy generation via agricultural development and making investments in the next generationwith agricultural surpluses.
xiii) social capability