Agricultural Investment and Productivity in Developing Countries Edited by Lydia Zepeda Department of Consumer Science University of Wisconsin-Madison United States	FAO ECONOMIC AND SOCIAL DEVELOPMENT PAPER 148
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Table of Contents

Foreword

Contributors

1. Agricultural Investment, Production Capacity and Productivity
by Lydia Zepeda

1.1 Introduction

1.2 Terminology

1.3 Measuring Agricultural Productivity

1.4 Factors Influencing Growth in Agriculture

1.5 Data Needs for Growth Models

1.6 Summary and Conclusions

References

2. An International Analysis of Agricultural Productivity
by Jean-Paul Chavas

2.1 Introduction

2.2 Methodology

2.3 Non-Parametric Productivity Analysis

2.4 Empirical Analysis

2.5 Conclusions

References

3. Agricultural Productivity and Natural Resource Depletion
by Donna J.Lee and Lydia Zepeda

3.1 Introduction

3.2 Calibrated Agricultural Production Models

3.3 Data Requirements

3.4 Illustration of The Two-Step Calibration Procedure

3.5 Interpretation and Use of The Empirical Results

3.6 Natural Resource Depletion

3.7 Computing The Welfare Effects of Agricultural Resource Stock Depletion

3.8 Conclusions

References

4. Agricultural Productivity for Sustainable Food Security in Sub-Saharan Africa
by Keith D.Wiebe, Meredith J.Soule and David E.Schimmelpfennig

4.1 Introduction

4.2 Data and Measurement Issues in Estimating SSA Agricultural Productivity

4.3 Existing Research on Sub-Saharan Agricultural Productivity

4.4 Bottlenecks to Growth

4.5 The Role of Policy

4.6 Conclusions

References

5. Agricultural Productivity for Sustainable Food Security in Asia and the Pacific: the Role of Investment
by Hui-Shung Chang and Lydia Zepeda

5.1 Introduction

5.2 Production and Productivity Growth in Agriculture

5.3 Factors Affecting Productivity Growth

5.4 The Role of Investment

5.5 Conclusions and Implications

References

 6. Agricultural Production in Peru  (1950-1995): Sources of Growth
by Jackeline Velazco

6.1 Introduction

6.2 Sources of Growth in Agriculture

6.3 Restrictions to Agricultural Investment and Growth: A Regional Perspective

6.4 Models of Growth in Peruvian Agriculture

6.5 Conclusions

References

7. Agricultural Policy, Investment and Productivity in Sub-Saharan Africa: A Comparison of Commercial and Smallholder Sectors in Zimbabwe and South Africa
by Keith D.Wiebe, David E.Schimmelpfennig and Meredith J.Soule

7.1 Introduction

7.2 The Historical Context

7.3 Existing Research on Agricultural Productivity in Zimbabwe and South Africa

7.4 Data

7.5 Investment in Human Capital, Policy and TFP

7.6 Summary and Conclusions

References

8. Determinants of Agricultural Investment by Small-Scale Producers in Peru
by Jackeline Velazco and Lydia Zepeda

8.1 Introduction

8.2 Study Sites and Data Collection

8.3 Investment and Socio-Demographic Traits of Peasant Households

8.4 Investment and Characteristics of the Households' Production Activities

8.5 Investment and Income Structure

8.6 Comparing Investment Data to the Agricultural Census

8.7 Correlates and Sources of Small-Scale Investments

8.8 Gender and Investment

8.9 Conclusions

References

The designations employed and the presentation of material in this information product do not imply the expression of any opinion whatsoever in the part of the Food and Agriculture Organization of the United Nations concerning the legal status of any country, territory, city or area of its authorities, or concerning the delimitation of its frontiers and boundaries.

ISBN 92-5-104553-4

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©FAO 2001

The purpose of this book is to provide an overview of current thinking and findings about the relationship between agricultural investment and productivity in developing countries. This includes theoretical and methodological developments such as incorporating natural resource depletion in calculating measures of growth. It also underlines, through the concerns expressed by many authors about data scarcity and limitations, that neglect of information needs hampers the forward-looking assessment of sustainability of agricultural and rural development. The book also reviews findings about the linkages of investment and productivity in the context of other important factors such as land policy, debt, civil unrest and structural adjustment programmes. This places agricultural investment solidly as a crucial but integral component of an overall policy to promote agricultural productivity.