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Private irrigation investment in Colombia: effects of violence, macroeconomic policy, and environmental conditions

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  • Ariel Dinar
  • Andrew Keck

Abstract

This paper identifies and estimates the effects of several determinant, on private investment in irrigation in Colombia. It attempts to quantify macroeconomic policy, environment, and violence variables that have been identified in previous studies as significantly affecting investment, in agriculture in genera., and in irrigation in particular. Variables such as violence, climate, and governmental price credit policies are used to explain changes in private investment in irrigation across regions and over time. Violence negatively affects private investment. Climate affects the investment such that in regions with favorable climate condition, investment in irrigation is less attractive, and appropriate government crop‐price and credit policies promote investment in irrigation.

Suggested Citation

  • Ariel Dinar & Andrew Keck, 1997. "Private irrigation investment in Colombia: effects of violence, macroeconomic policy, and environmental conditions," Agricultural Economics, International Association of Agricultural Economists, vol. 16(1), pages 1-15, March.
    • Handle: RePEc:bla:agecon:v:16:y:1997:i:1:p:1-15
    DOI: 10.1111/j.1574-0862.1997.tb00437.x
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    Cited by:

    1. Verteramo Chiu, Leslie J. & Turvey, Calum G., 2015. "Perception and Action in a Conflict Zone: a Study of Rural Economy and Rural Life amidst Narcos in Northeastern Mexico," 2015 AAEA & WAEA Joint Annual Meeting, July 26-28, San Francisco, California 205447, Agricultural and Applied Economics Association.
    2. Gebretsadik, Kidanemariam Abreha & Romstad, Eirik, 2020. "Climate and farmers’ willingness to pay for improved irrigation water supply," World Development Perspectives, Elsevier, vol. 20(C).
    3. Takeshima, Hiroyuki & Edeh, Hyacinth, 2017. "Constraints for small-scale private irrigation systems in the North Central zone of Nigeria: Insights from a typology analysis and a case study:," NSSP working papers 47, International Food Policy Research Institute (IFPRI).
    4. González, María A & Lopez, Rigoberto A, 2007. "Political Violence and Farm Household Efficiency in Colombia," Economic Development and Cultural Change, University of Chicago Press, vol. 55(2), pages 367-392, January.
    5. Alvaro J. Riascos & Juan F. Vargas, 2011. "Violence and growth in Colombia: A review of the quantitative literature," Economics of Peace and Security Journal, EPS Publishing, vol. 6(2), pages 15-20, July.
    6. Goldsmith, Peter D. & Gunjal, Kisan & Ndarishikanye, Barnabe, 2004. "Rural-urban migration and agricultural productivity: the case of Senegal," Agricultural Economics, Blackwell, vol. 31(1), pages 33-45, July.
    7. Brauer, J & Gomez-Sorzano, A.G., 2004. "Homicide Cycles in Colombia," International Journal of Applied Econometrics and Quantitative Studies, Euro-American Association of Economic Development, vol. 1(1), pages 29-50.
    8. Gomez-Sorzano, Gustavo, 2006. "A model of cyclical terrorist murder in Colombia, 1950-2004. Forecasts 2005-2019," MPRA Paper 134, University Library of Munich, Germany, revised 22 May 2006.
    9. Brauer, Jurgen & Gomez-Sorzano, Alejandro & Sethuraman, Sankar, 2004. "Decomposing violence: political murder in Colombia, 1946-1999," European Journal of Political Economy, Elsevier, vol. 20(2), pages 447-461, June.
    10. Gomez-Sorzano, Gustavo, 2007. "Developing the concept of Sustainable Peace using Econometrics and scenarios granting Sustainable Peace in Colombia by year 2019," MPRA Paper 5655, University Library of Munich, Germany, revised 07 Nov 2007.
    11. Gomez-Sorzano, Gustavo, 2006. "The econometrics of violence, terrorism and scenarios for peace in Colombia from 1950 to 2019," MPRA Paper 539, University Library of Munich, Germany.
    12. Wasantha Athukorala & Clevo Wilson, 2017. "Distributional impacts of irrigation-induced agricultural development in a semi-subsistence economy: new evidence," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 19(1), pages 59-75, January.
    13. Gonzalez, Maria A & Lopez, Rigoberto A, 2007. "Political Violence and Farm Household Efficiency in Colombia," Economic Development and Cultural Change, University of Chicago Press, vol. 55(2), pages 367-392, January.

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