Journal of Economic Development
No. 201 , May 2011, Page 16-22


Agricultural Labor Productivity: The Key to Economic Growth, Changes in Structure of Industry and Peasants' Income
Đinh Phi Hổ & PHẠM NGỌC DƯỠNG

DOI:
Abstract
Agricultural labor productivity (ALP) is a factor that affects the economic growth, changes in structure of industry and peasants' income. In the past, however, ALP was low and slow to improve. Identifying scientifically effects of ALP and factors influencing ALP is a challenge to researchers and policy makers in Vietnam. This research employs data about the years 1991 – 2009 and regression model to identify nature of these relations. We note that the ALP has a significant and forward effect on economic growth, agricultural development and changes in the structure of industry. Authors also suggest five groups of measures to improve the ALP, namely: (1) encouraging changes in the structure of industry to land yield; (2) increasing the supply of credit to peasants; (3) helping peasants improve their agricultural knowledge; (4) encouraging cooperation in producing and distributing farm products; and (5) developing the infrastructure and non-farming businesses in rural areas.

Keywords
ALP; Key; Growth; Changes In Structure Of Industry; Peasants' Income.
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