New Technological Knowledge, Rural and Urban Agriculture, and Steady State Economic Growth

Urban Farm DB summary

This study uses a dynamic model to analyze the growth effects of new agricultural technology adoption in rural-urban settings. It determines the steady-state growth rate of agricultural output per worker in rural regions and defines an urban-to-rural agricultural technology knowledge ratio to compute the urban region's growth rate. The analysis also examines the ratio of agricultural output per worker between urban and rural regions at balanced growth and discusses policy implications.