normal_post - Distortions to agriculture and economic growth in Sub-Saharan Africa - Science and Research Author Topic: Distortions to agriculture and economic growth in Sub-Saharan Africa  (Read 143 times)

Ligalig-Mike

  • FOUNDER
  • GURU
  • *****
  • avatar_1_1507939928 - Distortions to agriculture and economic growth in Sub-Saharan Africa - Science and Research
  • Posts: 18912
  • medal1 - Distortions to agriculture and economic growth in Sub-Saharan Africa - Science and Research medal2 - Distortions to agriculture and economic growth in Sub-Saharan Africa - Science and Research
  • Need A Website? Email me: info@mikeligalig.com
    • Share Post
Distortions to agriculture and economic growth in Sub-Saharan Africa

To what extent has Sub-Saharan Africa's slow economic growth over the past five decades been due to price and trade policies that discouraged production of agricultural relative to non-agricultural tradables? This paper uses a new set of estimates of policy induced distortions to relative agricultural prices to address this question econometrically. First, the authors test if these policy distortions respond to economic growth, using rainfall and international commodity price shocks as instrumental variables. They find that on impact there is no significant response of relative agricultural price distortions to changes in real GDP per capita growth. Then, the authors test the reverse proposition and find a statistically significant and sizable negative effect of relative agricultural price distortions on the growth rate of Sub-Saharan African countries. The fixed effects estimates yield that, during the 1960-2005 period, a ten percentage points increase in distortions to relative agricultural prices decreased the region's real GDP per capita growth rate by about half a percentage point per annum.

Source: Distortions to agriculture and economic growth in Sub-Saharan Africa

Linkback: https://tubagbohol.mikeligalig.com/index.php?topic=57228.0
Romans 10:9
"That if you shall confess with your mouth the Lord Jesus, and shall believe in your heart that God has raised him from the dead, you shall be saved."

Get FREE 500GB cloud storage:
https://www.pcloud.com/welcome-to-pcloud/?discountcode=fDiE7jtC01VPbCIygaM67jZV



Share via facebook Share via linkedin Share via pinterest Share via tumblr Share via twitter

 

Latest Topics

to all the girls i loved before by balong
[Today at 02:31:42 AM]


if i was RICH by balong
[Today at 02:16:46 AM]


The Bond Movies by balong
[Today at 02:12:41 AM]


'Mysterious power over humanity': How cats affect health by islander
[Yesterday at 02:34:50 PM]


BALONG Basketball League by balong
[Yesterday at 01:49:47 AM]


Cats and Dogs Petting Chart by islander
[August 23, 2019, 07:32:39 PM]


Ang Resulta...bow! by islander
[August 23, 2019, 06:45:32 PM]


The Sarmenta-Gomez Murder and the Mayor by islander
[August 23, 2019, 04:28:22 PM]


Retirement Advice for Botoy by islander
[August 22, 2019, 03:42:13 AM]


Yogabitay by hubag bohol
[August 21, 2019, 11:57:53 PM]

SMF spam blocked by CleanTalk
Powered by SMFPacks SEO Pro Mod | Sitemap
Mobile View
SimplePortal 2.3.7 © 2008-2019, SimplePortal