A Century‐Long Perspective on Agricultural Development
回顾了过去一个世纪关于农业发展的文献，从宏观政治经济学、技术与制度变迁以及微观家庭决策三个主题展开，探讨了市场不完善、信息不对称等问题导致的低效率和不均衡。
Abstract This article strategically surveys the past century's literature on agricultural development. We organize the discussion around three “grand themes” that reveal the richness of agricultural development as an intellectual endeavor. First, we explore the role of agriculture in the broader development process from a macroeconomic and political economy perspective. We then examine the role of technological and institutional change in successful agricultural development. Finally, the focus turns to a microeconomic perspective on agricultural household decision making and the problems of imperfect and missing markets, asymmetric information, and transactions costs that lead to widespread apparent inefficiency and disequilibrium.