CHANGING ROLE OF AGRICULTURE IN INCOME, EMPLOYMENT AND VALUE ADDED PER WORKER IN MAJOR COUNTRIES

Abstract

Agriculture sector has the largest share in employment and value added for many developing countries. This paper analyses the spatial contribution of agriculture sector to income, employment and per worker value added in top thirty countries which have highest share in agriculture sector in the World. The success of agricultural sector in income and employment has been designated to green revolution in India. China has proceeded with the process of structural change very rapidly. Ethiopia has the highest share of agriculture in employment which is an agriculture dominant country. The study gives clear picture that development of agriculture has been the essential element of structural transformation and will continue to be crucial in transformation in the future. The estimates of this study indicate that the changing role of agriculture in income and employment in the major countries followed by structural change has led to increasing the integration of the economies of the countries and their changing patterns of interlinkages between the agriculture sector and the other sectors in countries.