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http://dspace.mediu.edu.my:8181/xmlui/handle/10419/2798| Title: | Price incentives, non-price factors, and agricultural production in Sub-Saharan Africa: a cointegration analysis |
| Keywords: | C22 Q11 ddc:330 agricultural supply response cointegration Sub-Saharan Africa Agrarproduktion Landwirtschaft Angebot Elastizität Ökonomischer Anreiz Kointegration Schätzung Zentralafrika |
| Issue Date: | 16-Oct-2013 |
| Publisher: | Kiel Institute for the World Economy (IfW) Kiel |
| Description: | This paper deals with the question of how responsive farmers in Sub-Saharan Africa (SSA) are to changes in incentives. Employing Johansen's multivariate cointegration approach, it investigates for ten selected SSA countries the long-run effect of pricing policies, macroeconomic distortions, and certain non-price factors on agricultural production. It turns out that – in those cases where cointegration relationships are found – estimated supply elasticities tend to lie between 0.20 and 0.50. Among the non-price factors, drought episodes have significantly impaired agricultural growth in six out of ten sample countries. |
| URI: | http://koha.mediu.edu.my:8181/xmlui/handle/10419/2798 |
| Other Identifiers: | http://hdl.handle.net/10419/2798 ppn:352636114 ppn:352636114 |
| Appears in Collections: | EconStor |
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