Pakistan - Rural Factor Markets : Policy Reforms for Growth and Equity

Accelerating rural economic growth and reducing rural poverty requires a comprehensive strategy built on sound analysis covering all major aspects o f the rural economy including agricultural output markets, input markets (seeds, fertilizer, extens...

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Main Author:	World Bank
Format:	Other Agricultural Study
Language:	English en_US
Published:	Washington, DC 2013
Subjects:	ACCOUNTABILITY ACCOUNTING ADMINISTRATIVE PROCEDURES ADVERSE EFFECTS AGRICULTURAL OUTPUT AGRICULTURAL PRODUCTION AGRICULTURE BALANCE OF PAYMENTS BASIN CANALS CAPITAL GOODS CHANNELS CHILD LABOR COMMERCIAL CREDIT CONTRACT ENFORCEMENT CREDIT RATIONING CROP YIELDS CROPS DEBT DEVELOPMENT ECONOMICS DEVELOPMENT STRATEGY DISCOUNTED VALUE DROUGHT DROUGHTS ECONOMETRIC ANALYSIS ECONOMETRIC EVIDENCE ECONOMIC GROWTH ECONOMIC STRUCTURE ELASTICITIES EMPIRICAL EVIDENCE EXCHANGE RATE EXPENDITURES EXPORT EXPORTS FARMERS FARMING FARMS GDP GDP DEFLATOR GDP PER CAPITA GINI COEFFICIENT GOVERNMENT FINANCE GOVERNMENT LABOR POLICIES GROSS REVENUE GROSS VALUE HOUSING HUMAN CAPITAL IMPORTS INCOME INCOME DISTRIBUTION INCOME INEQUALITY INFANT MORTALITY INFLATION INNOVATIONS INTEREST RATES IRRIGATION JURISDICTION LABOR FORCE LABOR INPUTS LABOR MARKET LABOR MARKETS LABOR MOBILITY LABOR PRODUCTIVITY LABORERS LAND OWNERSHIP LAND PRICES LAND PRODUCTIVITY LAND TITLES LAND USE LAWS LEGAL PROTECTION LEGISLATION MARKET DISTORTIONS MATCHING GRANTS MIGRATION MULTIPLIER EFFECTS OUTPUTS PER CAPITA INCOMES POVERTY ALLEVIATION POVERTY LINE PRESENT VALUE PRIVATE CONSUMPTION PRODUCTIVITY PROGRAMS PROPERTY RIGHTS RAINFALL REAL PRICES REAL WAGE RATES REAL WAGES RECHARGE REGULATORY FRAMEWORK RENTS RIVER SAVINGS SCIENCES STATISTICAL ANALYSIS SURFACE WATER TAXATION TELECOMMUNICATIONS TERMS OF TRADE TRADE TAXES TRANSACTIONS COSTS TRANSPARENCY TRANSPORT UNEMPLOYMENT VALUE ADDED WAGE RATES WAGES WATER BOARDS WATER CHARGES WATER MANAGEMENT WATER MARKETS WATER RESOURCES WATER RIGHTS WATER SHORTAGES WATER SOURCES WATER USE WELLS WHOLESALE PRICES
Online Access:	http://documents.worldbank.org/curated/en/2004/11/5501856/pakistan-rural-factor-markets-policy-reforms-growth-equity http://hdl.handle.net/10986/14513

id	okr-10986-14513
recordtype	oai_dc
spelling	okr-10986-145132021-04-23T14:03:18Z Pakistan - Rural Factor Markets : Policy Reforms for Growth and Equity World Bank ACCOUNTABILITY ACCOUNTING ADMINISTRATIVE PROCEDURES ADVERSE EFFECTS AGRICULTURAL OUTPUT AGRICULTURAL PRODUCTION AGRICULTURE BALANCE OF PAYMENTS BASIN CANALS CAPITAL GOODS CHANNELS CHILD LABOR COMMERCIAL CREDIT CONTRACT ENFORCEMENT CREDIT RATIONING CROP YIELDS CROPS DEBT DEVELOPMENT ECONOMICS DEVELOPMENT STRATEGY DISCOUNTED VALUE DROUGHT DROUGHTS ECONOMETRIC ANALYSIS ECONOMETRIC EVIDENCE ECONOMIC GROWTH ECONOMIC STRUCTURE ELASTICITIES EMPIRICAL EVIDENCE EXCHANGE RATE EXPENDITURES EXPORT EXPORTS FARMERS FARMING FARMS GDP GDP DEFLATOR GDP PER CAPITA GINI COEFFICIENT GOVERNMENT FINANCE GOVERNMENT LABOR POLICIES GROSS REVENUE GROSS VALUE HOUSING HUMAN CAPITAL IMPORTS INCOME INCOME DISTRIBUTION INCOME INEQUALITY INFANT MORTALITY INFLATION INNOVATIONS INTEREST RATES IRRIGATION JURISDICTION LABOR FORCE LABOR INPUTS LABOR MARKET LABOR MARKETS LABOR MOBILITY LABOR PRODUCTIVITY LABORERS LAND OWNERSHIP LAND PRICES LAND PRODUCTIVITY LAND TITLES LAND USE LAWS LEGAL PROTECTION LEGISLATION MARKET DISTORTIONS MATCHING GRANTS MIGRATION MULTIPLIER EFFECTS OUTPUTS PER CAPITA INCOMES POVERTY ALLEVIATION POVERTY LINE PRESENT VALUE PRIVATE CONSUMPTION PRODUCTIVITY PROGRAMS PROPERTY RIGHTS RAINFALL REAL PRICES REAL WAGE RATES REAL WAGES RECHARGE REGULATORY FRAMEWORK RENTS RIVER SAVINGS SCIENCES STATISTICAL ANALYSIS SURFACE WATER TAXATION TELECOMMUNICATIONS TERMS OF TRADE TRADE TAXES TRANSACTIONS COSTS TRANSPARENCY TRANSPORT UNEMPLOYMENT VALUE ADDED WAGE RATES WAGES WATER BOARDS WATER CHARGES WATER MANAGEMENT WATER MARKETS WATER RESOURCES WATER RIGHTS WATER SHORTAGES WATER SOURCES WATER USE WELLS WHOLESALE PRICES Accelerating rural economic growth and reducing rural poverty requires a comprehensive strategy built on sound analysis covering all major aspects o f the rural economy including agricultural output markets, input markets (seeds, fertilizer, extension), factor markets (land, water, labor and credit), the rural non- farm economy, and targeted interventions. This report focuses on one aspect o f this complex puzzle - rural factor markets. It builds on earlier work on output and input markets, and anticipates future analytical work on the rural non-farm economy and other key aspects o f the rural economy. The report identifies the main factor market inefficiencies in rural Pakistan, provides estimates of their impact in terms of efficiency and equity, and suggests policy measures to improve the functioning of these markets, increase rural incomes and help reduce rural poverty. In presenting the results, each factor is discussed in turn, drawing on descriptions of institutional constraints and statistical analysis of recent household survey data. Key new findings include quantitative estimates of the importance of linkages across factor markets and the impact of factor market inefficiencies on agricultural output and revenues. In addition, the report shows that for the 61 percent of rural poor households that do not cultivate crops (agricultural laborers and non-farm households), expanding output of major crops may not be sufficient to significantly raise their incomes, even with substantial multiplier effects on the rural non-agricultural economy. 2013-07-23T23:22:08Z 2013-07-23T23:22:08Z 2004-11-19 http://documents.worldbank.org/curated/en/2004/11/5501856/pakistan-rural-factor-markets-policy-reforms-growth-equity http://hdl.handle.net/10986/14513 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Economic & Sector Work :: Other Agricultural Study Economic & Sector Work South Asia Pakistan
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English en_US
topic	ACCOUNTABILITY ACCOUNTING ADMINISTRATIVE PROCEDURES ADVERSE EFFECTS AGRICULTURAL OUTPUT AGRICULTURAL PRODUCTION AGRICULTURE BALANCE OF PAYMENTS BASIN CANALS CAPITAL GOODS CHANNELS CHILD LABOR COMMERCIAL CREDIT CONTRACT ENFORCEMENT CREDIT RATIONING CROP YIELDS CROPS DEBT DEVELOPMENT ECONOMICS DEVELOPMENT STRATEGY DISCOUNTED VALUE DROUGHT DROUGHTS ECONOMETRIC ANALYSIS ECONOMETRIC EVIDENCE ECONOMIC GROWTH ECONOMIC STRUCTURE ELASTICITIES EMPIRICAL EVIDENCE EXCHANGE RATE EXPENDITURES EXPORT EXPORTS FARMERS FARMING FARMS GDP GDP DEFLATOR GDP PER CAPITA GINI COEFFICIENT GOVERNMENT FINANCE GOVERNMENT LABOR POLICIES GROSS REVENUE GROSS VALUE HOUSING HUMAN CAPITAL IMPORTS INCOME INCOME DISTRIBUTION INCOME INEQUALITY INFANT MORTALITY INFLATION INNOVATIONS INTEREST RATES IRRIGATION JURISDICTION LABOR FORCE LABOR INPUTS LABOR MARKET LABOR MARKETS LABOR MOBILITY LABOR PRODUCTIVITY LABORERS LAND OWNERSHIP LAND PRICES LAND PRODUCTIVITY LAND TITLES LAND USE LAWS LEGAL PROTECTION LEGISLATION MARKET DISTORTIONS MATCHING GRANTS MIGRATION MULTIPLIER EFFECTS OUTPUTS PER CAPITA INCOMES POVERTY ALLEVIATION POVERTY LINE PRESENT VALUE PRIVATE CONSUMPTION PRODUCTIVITY PROGRAMS PROPERTY RIGHTS RAINFALL REAL PRICES REAL WAGE RATES REAL WAGES RECHARGE REGULATORY FRAMEWORK RENTS RIVER SAVINGS SCIENCES STATISTICAL ANALYSIS SURFACE WATER TAXATION TELECOMMUNICATIONS TERMS OF TRADE TRADE TAXES TRANSACTIONS COSTS TRANSPARENCY TRANSPORT UNEMPLOYMENT VALUE ADDED WAGE RATES WAGES WATER BOARDS WATER CHARGES WATER MANAGEMENT WATER MARKETS WATER RESOURCES WATER RIGHTS WATER SHORTAGES WATER SOURCES WATER USE WELLS WHOLESALE PRICES
spellingShingle	ACCOUNTABILITY ACCOUNTING ADMINISTRATIVE PROCEDURES ADVERSE EFFECTS AGRICULTURAL OUTPUT AGRICULTURAL PRODUCTION AGRICULTURE BALANCE OF PAYMENTS BASIN CANALS CAPITAL GOODS CHANNELS CHILD LABOR COMMERCIAL CREDIT CONTRACT ENFORCEMENT CREDIT RATIONING CROP YIELDS CROPS DEBT DEVELOPMENT ECONOMICS DEVELOPMENT STRATEGY DISCOUNTED VALUE DROUGHT DROUGHTS ECONOMETRIC ANALYSIS ECONOMETRIC EVIDENCE ECONOMIC GROWTH ECONOMIC STRUCTURE ELASTICITIES EMPIRICAL EVIDENCE EXCHANGE RATE EXPENDITURES EXPORT EXPORTS FARMERS FARMING FARMS GDP GDP DEFLATOR GDP PER CAPITA GINI COEFFICIENT GOVERNMENT FINANCE GOVERNMENT LABOR POLICIES GROSS REVENUE GROSS VALUE HOUSING HUMAN CAPITAL IMPORTS INCOME INCOME DISTRIBUTION INCOME INEQUALITY INFANT MORTALITY INFLATION INNOVATIONS INTEREST RATES IRRIGATION JURISDICTION LABOR FORCE LABOR INPUTS LABOR MARKET LABOR MARKETS LABOR MOBILITY LABOR PRODUCTIVITY LABORERS LAND OWNERSHIP LAND PRICES LAND PRODUCTIVITY LAND TITLES LAND USE LAWS LEGAL PROTECTION LEGISLATION MARKET DISTORTIONS MATCHING GRANTS MIGRATION MULTIPLIER EFFECTS OUTPUTS PER CAPITA INCOMES POVERTY ALLEVIATION POVERTY LINE PRESENT VALUE PRIVATE CONSUMPTION PRODUCTIVITY PROGRAMS PROPERTY RIGHTS RAINFALL REAL PRICES REAL WAGE RATES REAL WAGES RECHARGE REGULATORY FRAMEWORK RENTS RIVER SAVINGS SCIENCES STATISTICAL ANALYSIS SURFACE WATER TAXATION TELECOMMUNICATIONS TERMS OF TRADE TRADE TAXES TRANSACTIONS COSTS TRANSPARENCY TRANSPORT UNEMPLOYMENT VALUE ADDED WAGE RATES WAGES WATER BOARDS WATER CHARGES WATER MANAGEMENT WATER MARKETS WATER RESOURCES WATER RIGHTS WATER SHORTAGES WATER SOURCES WATER USE WELLS WHOLESALE PRICES World Bank Pakistan - Rural Factor Markets : Policy Reforms for Growth and Equity
geographic_facet	South Asia Pakistan
description	Accelerating rural economic growth and reducing rural poverty requires a comprehensive strategy built on sound analysis covering all major aspects o f the rural economy including agricultural output markets, input markets (seeds, fertilizer, extension), factor markets (land, water, labor and credit), the rural non- farm economy, and targeted interventions. This report focuses on one aspect o f this complex puzzle - rural factor markets. It builds on earlier work on output and input markets, and anticipates future analytical work on the rural non-farm economy and other key aspects o f the rural economy. The report identifies the main factor market inefficiencies in rural Pakistan, provides estimates of their impact in terms of efficiency and equity, and suggests policy measures to improve the functioning of these markets, increase rural incomes and help reduce rural poverty. In presenting the results, each factor is discussed in turn, drawing on descriptions of institutional constraints and statistical analysis of recent household survey data. Key new findings include quantitative estimates of the importance of linkages across factor markets and the impact of factor market inefficiencies on agricultural output and revenues. In addition, the report shows that for the 61 percent of rural poor households that do not cultivate crops (agricultural laborers and non-farm households), expanding output of major crops may not be sufficient to significantly raise their incomes, even with substantial multiplier effects on the rural non-agricultural economy.
format	Economic & Sector Work :: Other Agricultural Study
author	World Bank
author_facet	World Bank
author_sort	World Bank
title	Pakistan - Rural Factor Markets : Policy Reforms for Growth and Equity
title_short	Pakistan - Rural Factor Markets : Policy Reforms for Growth and Equity
title_full	Pakistan - Rural Factor Markets : Policy Reforms for Growth and Equity
title_fullStr	Pakistan - Rural Factor Markets : Policy Reforms for Growth and Equity
title_full_unstemmed	Pakistan - Rural Factor Markets : Policy Reforms for Growth and Equity
title_sort	pakistan - rural factor markets : policy reforms for growth and equity
publisher	Washington, DC
publishDate	2013
url	http://documents.worldbank.org/curated/en/2004/11/5501856/pakistan-rural-factor-markets-policy-reforms-growth-equity http://hdl.handle.net/10986/14513
_version_	1764428902794526720

Pakistan - Rural Factor Markets : Policy Reforms for Growth and Equity

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