Saifullah Syed

Promoting Investment in Agriculture for Increased Production and Productivity


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       Promoting Investment

       IN AGRICULTURE FOR INCREASED PRODUCTION AND PRODUCTIVITY

       Saifullah Syed and Masahiro Miyazako

      Prepared under the Japan Trust Fund project Support to Study on Appropriate Policy Measures to Increase Investment in Agriculture and to Stimulate Food Production.

      March 2013

      Rome, Italy

       CABI is a trading name of CAB International

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      © FAO, 2013.

      All rights reserved. FAO encourages reproduction and dissemination of material in this information product. Non-commercial uses will be authorized free of charge upon request. Reproduction for resale or other commercial purposes, including educational purposes, may incur fees. Applications for permission to reproduce or disseminate FAO copyright materials and all other queries on rights and licences, should be addressed by e-mail to [email protected] or to the Chief, Publishing Policy and Support Branch, Office of Knowledge Exchange, Research and Extension, FAO, Viale delle Terme di Caracalla, 00153 Rome, Italy.

      A catalogue record for this book is available from the British Library, London, UK.

       Library of Congress Cataloging-in-Publication Data

      Syed, Saifullah.

      Promoting investment in agriculture for increased production and productivity / Saifullah Syed and Masahiro Miyazako.

      p. cm.

      Includes bibliographical references and index.

      ISBN 978-1-78064-388-5 (alk. paper) -- ISBN 978-9251075883 (FAO) 1. Agriculture--Developing countries--Finance. 2. Agriculture--Economic aspects--Developing countries. I. Miyazako, Masahiro. II. Title.

      HD1417.S94 2013

      338.1′3091724--dc23

      2013025683

      Published jointly by CAB International and FAO

      Food and Agriculture Organization of the United Nations (FAO)

      Viale delle Terme di Caracalla, 00153 Rome, Italy

      website: www.fao.org

      ISBN: 978 1 78064 388 5 (CABI)

      ISBN: 978 9 25107 588 3 (print) (FAO)

      E-ISBN: 978 9 25107 589 0 (PDF) (FAO)

      The designations employed and the presentation of material in this publication do not imply the expression of any opinion whatsoever on the part of the Food and Agricultre Organization of the United Nations concerning the legal status of any country, territory, city or area or of its authorities, or corncerning the delimitation of its frontiers or boundaries. The mention of specific companies or products of manufacturers, whether or not these have been patented, does not imply that these have been endorsed or recommened by the FAO in preference to others of a similar nature that are not mentioned. The views expressed herein are those of the authors and do not necessarily represent those of FAO.

      Graphic design and typesetting by Maxtudio, Roma/New York

      Printed and bound by Gutenberg Press Ltd, Tarxien, Malta.

      Contents

       Foreword

       Acknowledgements

       Abbreviations and acronyms

       Executive summary

       CHAPTER 1

       Introduction

       CHAPTER 2

       The concept and definition of investment

       2.1 What is investment?

       2.2 Distinction between investment and expenditure

       2.3 What is capital?

       CHAPTER 3

       Investment in agriculture for increased production and productivity

       3.1 Investment for on-farm agricultural capital stock

       3.2 Investment by the public sector

       3.3 Investment in agro-industry for agricultural development and growth

       CHAPTER 4

       Empirical measurement of investment in agriculture: the evidence from available data and information

       4.1 Level and trend of investment for on-farm agricultural capital stock (ACS)

       4.2 Agricultural capital stock per agricultural worker

       CHAPTER 5

       Who invests for farm-level capital formation?