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Price incentives, non-price factors and agricultural production in sub-Saharan Africa : a cointegration analysis

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dc.creator Thiele, Rainer
dc.date 2003
dc.date.accessioned 2013-10-16T06:04:54Z
dc.date.available 2013-10-16T06:04:54Z
dc.date.issued 2013-10-16
dc.identifier African development review 1017-6772 15 2003 2/3 425-438
dc.identifier doi:10.1111/j.1467-8268.2003.00079.x
dc.identifier http://hdl.handle.net/10419/3102
dc.identifier ppn:376683465
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/3102
dc.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 and covering the period 1965-99, 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. Technical progress as measured by a simple deterministic time trend has only had a minor impact on output.
dc.language eng
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject ddc:330
dc.subject Agrarproduktion
dc.subject Landwirtschaft
dc.subject Angebot
dc.subject Elastizität
dc.subject Ökonomischer Anreiz
dc.subject Kointegration
dc.subject Schätzung
dc.subject Zentralafrika
dc.title Price incentives, non-price factors and agricultural production in sub-Saharan Africa : a cointegration analysis
dc.type doc-type:article


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