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"Yujiro Hayami and Vernon Ruttan were two of the pioneering figures in development economics. This collection of papers traces their work across half a century of engagement with the problems and puzzles of agricultural development. This thoughtful volume brings together some of their best-known individual and collaborative writings, but it also includes a number of papers that were never widely disseminated."--Douglas Gollin, Professor of Economics, Williams College
"The extraordinary scholarship of Professors Ruttan and Hayami has left us with a rich empirically tested body of theory aimed at explaining technical and institutional innovations and their contributions to agricultural development and economic growth. The recent resurgence of interest in institutional economics, and the globalization of concerns over natural resources and the environment, make the papers in this volume just as relevant to today's scholars and policy communities as when they were first written."--Kym Anderson, George Gollin Professor of Economics, University of Adelaide, Australia
"The works of Yujiro Hayami and Vernon Ruttan, particularly their induced innovation thesis, have been one of the most influential paradigms during the past decades and continue to profoundly shape and reshape our current thinking on economic growth, international development, technical and institutional change and more recently economic history. This volume, edited by two of their close associates with personalized introductory chapters, brings together their best and classic papers as well as previously unpublished papers."--Debin Ma, Lecturer of Economic History, London School of Economics
"As a long-term fan of the work of Vernon Ruttan and Yujiro Hayami, I am delighted with the publication of their collected papers. They both had the personal experience and academic training to address the difficult question of how to sustain agricultural productivity. This is a book for the ages."-