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THE DEVELOPMENT OF THE SHARE OF AGRICULTURE IN GDP AND EMPLOYMENT A CASE STUDY OF CHINA, NIGERIA, THE NETHERLANDS AND THE UNITED STATES
Abstract
The position of agriculture within the economy seems more important in developing countries and less important in developed countries. This research focuses on the development of the share of agriculture in GDP and total employment in both developing countries as developed countries. Nigeria, China, the Netherlands and the United States will be the case studies. The paper first presents some general theories about the development of agriculture and then presents the theoretical method and data extracted from National Input and Output Tables. The data cover the period between 1995 and 2010. Several explanatory factors for the development over time of the shares are taken into account. Results are compared between the countries and over time. Changes have been linked to the different stages of economic development. The factor with the highest impact on the development of agriculture is the increase in agricultural productivity.
Key words: Agriculture, Development, GDP, Employment, Nigeria, China, The Netherlands, the United States.