Imperfect Factor Mobility, Agricultural Producer Service and Agricultural Development in Developing Economy
Asian Research Journal of Arts & Social Sciences · pp. 33–39 · Published 30 Jan 2024
10.9734/arjass/2024/v22i2514Abstract
Agriculture in developing countries operates on small-scale land that hinders the utilization of modern inputs. The agricultural producer service sector which acts as an intermediate sector facilitates this process. We build a three-sector general equilibrium model to investigate the relationship between imperfect factor mobility and agricultural development by incorporating the agricultural producer service sector. Results show that a rise in capital mobility expands the agricultural sector and promotes agricultural productivity, while an increase in labour mobility cuts down the output of the agricultural sector and its productivity.
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Cited by 3
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Kun Zhou, Zhenwang Zhang, Liu Chen · Journal of Environmental Management · 2025
Department of Business Strategy and Innovation, University of Ghana Business School, Ghana, Dr. Samuel K. Mensah, Dr. Alessandra M. Conti · Frontiers in Business Innovations and Management · 2025
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