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The Growth Performance of Agriculture in Subsaharan Africa

Over the past century, African agriculture has not accumulated capital and has not grown fast enough to realize its potential as an important engine of economic growth and poverty reduction. Binswanger and Townsend explore the relative roles played by agricultural endowments, low population density,...

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Bibliographic Details
Published in:American journal of agricultural economics 2000-12, Vol.82 (5), p.1075-1086
Main Authors: Binswanger, Hans P., Townsend, Robert F.
Format: Article
Language:English
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Summary:Over the past century, African agriculture has not accumulated capital and has not grown fast enough to realize its potential as an important engine of economic growth and poverty reduction. Binswanger and Townsend explore the relative roles played by agricultural endowments, low population density, remoteness and adverse policies in explaining the undercapitalization and the poor growth of African agriculture.
ISSN:0002-9092
1467-8276
DOI:10.1111/0002-9092.00105