Abstract

Agriculture contributes to economic growth by supplying raw materials, capital, and labor to other industries as well as the fundamental function of food production. This study empirically analyzed the relationship between agricultural development and economic growth. As a result of analyzing countries grouped by income level and agricultural conditions, the analysis detected apparent differences in directions of causality between agricultural development and economic growth. For sustainable agriculture, policies according to national characteristics should be sought to strengthen interconnection between agricultural and non-agricultural sectors, activating agriculturerelated industries, expanding the scope of agriculture, creation high value-added in agriculture.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.