Call Prefix : PR-AS

Call Suffix : 2007

Call Main : SEARCA AJAD 2007 4-1-5

Location : SEARCA Library

Format : Printed; electronic

Series : Asian Journal of Agriculture and Development (AJAD)

Publisher : SEARCA

Publication Date : 2007

Publication Place : Los Banos, Laguna

Summary : Despite its significant roles in accumulating and sustaining growth, agriculture's contribution to GDP and employment inevitably decreases as the economy grows. One possible strategy to promote the welfare of the agricultural sectors as well attain overall economic growth is by the development of agro-industry. Earlier research findings have contended that agro-industry improves income equality while still maintaining economic growth. This article uses empirical data in a Social Accounting Matrix (SAM) framework to verify these findings. The results reveal that agro-industry is indeed an appropriate vehicle for pursuing the goals of growth promotion and income equality.