| 中文摘要 |
From 1960-1970, the average annual growth rate of agricultural production in Taiwan was 4.9 percent. The value of agricultural production, over the same period, increased approximately 1.8 times (Table 1). Agricultural production also has become more commercial in recent years. In 1952 only 30 percent of the total farm output resulted in cash income, while 60 percent of farm expenditure were in cash. These two ratios increased, however, to 64 percent and 77 percent respectively by 1967. Real farm family income almost doubled from 1952 to 1967, the last year for which national estimates are available. During the 1960-1970 period, the changes in prices paid and received by farmers were similar (Table 1). Therefore the production motives of farmers were probably not significantly affected by inflation. |
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