Digital Commons Network^™

Agricultural Growth, Employment And Poverty: Theoretical And Empirical Explorations With Indian Data (1970-1993), D. P. Chaudhri, E. J. Wilson

Faculty of Business - Economics Working Papers

There is a rapidly growing literature on the dual concern of promoting agricultural growth and reducing the incidence of rural poverty. However the analysis of the interaction of growth and poverty is an under researched area of economic policy. This paper attempts to further analyse these dual concerns in an integrated manner. A basic endogenous growth model is developed which explicitly includes poor households and a government that has to decide how to allocate resources to the provision of infrastructure and to the public distribution of food grains. The intertemporal maximisation clearly shows the trade-off the government is facing and …