Growth, Structural Change And Plantation Tree Crops: The Case Of Rubber

The effects of advancing economic growth on plantations are classed in five stages, starting with conditions in a backward subsistence economy and ending under circumstances where manufacturing is dominant and planting tree crops no longer economic. Changes in relative resource prices and other fact...

Full description

Saved in:
Bibliographic Details
Published inIDEAS Working Paper Series from RePEc
Main Author Barlow, Colin
Format Paper
LanguageEnglish
Published St. Louis Federal Reserve Bank of St. Louis 01.01.1996
Subjects
Plantations
Online AccessGet full text

Cover

More Information
Summary:The effects of advancing economic growth on plantations are classed in five stages, starting with conditions in a backward subsistence economy and ending under circumstances where manufacturing is dominant and planting tree crops no longer economic. Changes in relative resource prices and other factors and consequent adjustments of estates and smallholdings are taken into account, doing this in light of international experiences with such crops. The case of natural rubber is scrutinized in depth, comparing economic effects and responses in chief producing countries. The key elements in plantation adjustments of market conditions, technologies, institutional arrangements, and government interventions are finally addressed, with policies likely to facilitate appropriate modifications being indicated.