Book Review: Uma Lele, Manmohan Agarwal & Sambuddha Goswami (2018). Patterns of Structural Transformation and Agricultural Productivity Growth

Abstract

The process of structural transformation has constantly interested economic systems, as it manifested itself the shift from agriculture to non-agriculture activities and subsequently from manufacturing to service activities. Structural change of an economy is both cause and a determinant of restless economic growth (Metcalfe, 2002). But this does not mean that the agriculture being a low productive sector will eventually vanish from the system. On the contrary, productivity in agriculture should increase over a period as technological advancements spreads to the agricultural sector, and yield per hectare would surly then rise along with labour efficiency.