Rural Nonagricultural Activities in Development: Theory and Application.

This paper focuses on the potentially important role of rural nonagricultural activity in the development process. Using the S. Hymer-S. Resnick Z-goods model as a point of departure, the authors first show that its pessimistic conclusions are based on rather restrictive assumptions as applied to th...

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Main Authors: Ranis, G, Stewart, F
Format: Journal article
Language:English
Published: 1993
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author Ranis, G
Stewart, F
author_facet Ranis, G
Stewart, F
author_sort Ranis, G
collection OXFORD
description This paper focuses on the potentially important role of rural nonagricultural activity in the development process. Using the S. Hymer-S. Resnick Z-goods model as a point of departure, the authors first show that its pessimistic conclusions are based on rather restrictive assumptions as applied to the colonial period. They relax these assumptions, indicating the theoretical possibility of a substantially more positive scenario for that period. Subsequently, they analyze the role of Z-goods, traditional and nontraditional, in the post-independence era, again distinguishing between archetypal pessimistic and optimistic cases. Finally, the comparative historical experience of the Philippines and Taiwan is brought to bear to illustrate the argument empirically.
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spelling oxford-uuid:34e76e89-b779-400a-9fc5-d5b0ad01fdda2022-03-26T13:28:59ZRural Nonagricultural Activities in Development: Theory and Application.Journal articlehttp://purl.org/coar/resource_type/c_dcae04bcuuid:34e76e89-b779-400a-9fc5-d5b0ad01fddaEnglishDepartment of Economics - ePrints1993Ranis, GStewart, FThis paper focuses on the potentially important role of rural nonagricultural activity in the development process. Using the S. Hymer-S. Resnick Z-goods model as a point of departure, the authors first show that its pessimistic conclusions are based on rather restrictive assumptions as applied to the colonial period. They relax these assumptions, indicating the theoretical possibility of a substantially more positive scenario for that period. Subsequently, they analyze the role of Z-goods, traditional and nontraditional, in the post-independence era, again distinguishing between archetypal pessimistic and optimistic cases. Finally, the comparative historical experience of the Philippines and Taiwan is brought to bear to illustrate the argument empirically.
spellingShingle Ranis, G
Stewart, F
Rural Nonagricultural Activities in Development: Theory and Application.
title Rural Nonagricultural Activities in Development: Theory and Application.
title_full Rural Nonagricultural Activities in Development: Theory and Application.
title_fullStr Rural Nonagricultural Activities in Development: Theory and Application.
title_full_unstemmed Rural Nonagricultural Activities in Development: Theory and Application.
title_short Rural Nonagricultural Activities in Development: Theory and Application.
title_sort rural nonagricultural activities in development theory and application
work_keys_str_mv AT ranisg ruralnonagriculturalactivitiesindevelopmenttheoryandapplication
AT stewartf ruralnonagriculturalactivitiesindevelopmenttheoryandapplication