Yujiro Hayami

was a Japanese agricultural economist, widely considered to be an authority on the subject. He was a Rockefeller fellow at Iowa University, a winner of Purple Ribbon Medal and a Lifetime member of the International Association of Agricultural Economists. He is credited with the development Hayami Development Economics, an agricultural philosophy on the relationship of a community to the market and the state. He died on 24 December 2012.

Biography Hayami was born on 26 November 1932 in Tokyo, Japan. His college education was at the Faculty of Liberal Arts, University of Tokyo, from where he graduated in 1956. He continued his education as a research associate at the National Research Institute of Agricultural Economics, Ministry of Agriculture, Forestry and Fisheries, Ngoyo, Japan, but a year later, moved to the Department of Economics and Sociology, University of Iowa from where he obtained his PhD in 1960. Professor Hayami was also a visiting T. H. Lee Professor of World Affairs Chair, Cornell University from 1995 to 1996.