Farm Mechanization : A New Challenge for Agriculture in Low and Middle Income Countries of Europe and Central Asia
This report shows that trends in farm
mechanization are attributable to differing approaches to
reform and differing agricultural resource endowments. The
level of reform determines the pattern and extent to which
labor and capital change, with land reform and commodity
market liberalization as the underlying forces for change.
These reforms substantially raise the incentives to invest
as a means to increase productivity and incomes. In