Impact of farm subsidies on global agricultural productivity
The agriculture sector receives substantial fiscal subsidies in various forms, including through programs that are linked to production and others that are decoupled. As the sector has reached the technology frontier in production over the last three decades or so, particularly in high‐ and middle‐i...
| Autor principal: | |
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| Formato: | Journal Article |
| Lenguaje: | Inglés |
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Wiley
2024
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| Acceso en línea: | https://hdl.handle.net/10568/140661 |
| _version_ | 1855529706364862464 |
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| author | Mamun, Abdullah |
| author_browse | Mamun, Abdullah |
| author_facet | Mamun, Abdullah |
| author_sort | Mamun, Abdullah |
| collection | Repository of Agricultural Research Outputs (CGSpace) |
| description | The agriculture sector receives substantial fiscal subsidies in various forms, including through programs that are linked to production and others that are decoupled. As the sector has reached the technology frontier in production over the last three decades or so, particularly in high‐ and middle‐income countries, it is intriguing to investigate the impact of subsidies on productivity at aggregate level. This study examines the impact of subsidies on productivity growth in agriculture globally using a long time series on the nominal rate of assistance for 42 countries that covers over 80% of agricultural production. The econometric results show heterogenous effects from various subsidy instruments depending on the choice of productivity measure. Regression results suggest a strong positive effect of input subsidies on both output growth and labor productivity. A positive but relatively small impact of output subsidies is found on output growth only. |
| format | Journal Article |
| id | CGSpace140661 |
| institution | CGIAR Consortium |
| language | Inglés |
| publishDate | 2024 |
| publishDateRange | 2024 |
| publishDateSort | 2024 |
| publisher | Wiley |
| publisherStr | Wiley |
| record_format | dspace |
| spelling | CGSpace1406612024-10-18T13:00:39Z Impact of farm subsidies on global agricultural productivity Mamun, Abdullah agricultural productivity agricultural technology econometrics globalization input output analysis subsidies The agriculture sector receives substantial fiscal subsidies in various forms, including through programs that are linked to production and others that are decoupled. As the sector has reached the technology frontier in production over the last three decades or so, particularly in high‐ and middle‐income countries, it is intriguing to investigate the impact of subsidies on productivity at aggregate level. This study examines the impact of subsidies on productivity growth in agriculture globally using a long time series on the nominal rate of assistance for 42 countries that covers over 80% of agricultural production. The econometric results show heterogenous effects from various subsidy instruments depending on the choice of productivity measure. Regression results suggest a strong positive effect of input subsidies on both output growth and labor productivity. A positive but relatively small impact of output subsidies is found on output growth only. 2024-03 2024-03-27T20:59:59Z 2024-03-27T20:59:59Z Journal Article https://hdl.handle.net/10568/140661 en Limited Access Wiley Mamun, Abdullah. 2024. Impact of farm subsidies on global agricultural productivity. Agricultural Economics 55(2): 346-364. https://doi.org/10.1111/agec.12823 |
| spellingShingle | agricultural productivity agricultural technology econometrics globalization input output analysis subsidies Mamun, Abdullah Impact of farm subsidies on global agricultural productivity |
| title | Impact of farm subsidies on global agricultural productivity |
| title_full | Impact of farm subsidies on global agricultural productivity |
| title_fullStr | Impact of farm subsidies on global agricultural productivity |
| title_full_unstemmed | Impact of farm subsidies on global agricultural productivity |
| title_short | Impact of farm subsidies on global agricultural productivity |
| title_sort | impact of farm subsidies on global agricultural productivity |
| topic | agricultural productivity agricultural technology econometrics globalization input output analysis subsidies |
| url | https://hdl.handle.net/10568/140661 |
| work_keys_str_mv | AT mamunabdullah impactoffarmsubsidiesonglobalagriculturalproductivity |