ALLEVIATING RURAL POVERTY THROUGH AGRICULTURAL GROWTH

The article examines the role of agricultural GDP growth in alleviating rural poverty in LDCs. Cross-sectional regression analysis indicates that GDP growth by itself takes a very long time to reduce poverty significantly. It suggests that decreases in land concentration could have a more immediate impact on reducing rural poverty; the budgetary and other costs of implementing such changes are not, however, considered. The preferred approach is a combination of equitable growth and redistributive measures.