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The impact of prices and macroeconomic policies on agricultural supply: a synthesis of available results

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  • Nlandu Mamingi

Abstract

This paper reviews the literature dealing with the link of agricultural prices and macroeconomic policies to agricultural supply with particular emphasis on Sub‐Saharan Africa. Although the study echoes the stylized facts on price elasticities underlined in previous literature reviews, the paper points out that our understanding of the quantitative dimensions of agricultural supply response is weak given the importance of this assumed response for growth, poverty alleviation, and the environment. Indeed, issues such as simultaneity of variables, data pooling, omission of variables, and asymmetry in supply responses to price changes have not been adequately addressed in many instances.

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  • Nlandu Mamingi, 1997. "The impact of prices and macroeconomic policies on agricultural supply: a synthesis of available results," Agricultural Economics, International Association of Agricultural Economists, vol. 16(1), pages 17-34, March.
    • Handle: RePEc:bla:agecon:v:16:y:1997:i:1:p:17-34
    DOI: 10.1111/j.1574-0862.1997.tb00438.x
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    Cited by:

    1. Magrini, Emiliano & Balié, Jean & Morales Opazo, Cristian, 2016. "Price signals and supply responses for staple food crops in SSA countries," DARE Discussion Papers 1601, Georg-August University of Göttingen, Department of Agricultural Economics and Rural Development (DARE).
    2. Rainer Thiele, 2003. "Price Incentives, Non‐price Factors and Agricultural Production in Sub‐Saharan Africa: A Cointegration Analysis," African Development Review, African Development Bank, vol. 15(2‐3), pages 425-438.
    3. Tebogo B. Seleka, 1999. "The performance of Botswana's traditional arable agriculture: growth rates and the impact of the accelerated rainfed arable programme (ARAP)," Agricultural Economics, International Association of Agricultural Economists, vol. 20(2), pages 121-133, March.
    4. Heltberg, R. & Tarp, F., 2002. "Agricultural supply response and poverty in Mozambique," Food Policy, Elsevier, vol. 27(2), pages 103-124, April.
    5. Hans G. P. Jansen & Bas A. M. Bouman & Robert A. Schipper & Huib Hengsdijk & André Nieuwenhuyse, 2005. "An interdisciplinary approach to regional land use analysis using GIS, with applications to the Atlantic Zone of Costa Rica," Agricultural Economics, International Association of Agricultural Economists, vol. 32(1), pages 87-104, January.
    6. Sessinou Erick Abel Dedehouanou & Abou Kane, 2021. "Spillover Effect of Official Development Assistance on Sectoral Economic Growth in West African Economic and Monetary Union Countries," International Journal of Economics and Financial Issues, Econjournals, vol. 11(3), pages 1-12.
    7. Omezzine, Abdallah & Al-Jabri, Omar S., 1998. "Price supply response of vegetable growers in the Sultanate of Oman," Agricultural Economics, Blackwell, vol. 19(3), pages 349-358, December.
    8. Chen, Shyh-Wei & Shen, Chung-Hua, 2015. "Revisiting the Feldstein–Horioka puzzle with regime switching: New evidence from European countries," Economic Modelling, Elsevier, vol. 49(C), pages 260-269.
    9. Leaver, Rosemary, 2003. "Measuring The Supply Response Function Of Tobacco In Zimbabwe," 2003 Annual Conference, October 2-3, 2003, Pretoria, South Africa 19079, Agricultural Economics Association of South Africa (AEASA).
    10. Kariuki, George Mbugua & Njaramba, Jennifer & Ombuki, Charles, 2021. "Tea Production Response to Climate Change in Kenya: An Autoregressive Distributed Lag Approach," African Journal of Economic Review, African Journal of Economic Review, vol. 10(1), December.
    11. Oludele Akinboade, 1999. "A supply-response analysis of Botswana's livestock and sorghum: An error-correction approach," Development Southern Africa, Taylor & Francis Journals, vol. 16(1), pages 125-140.
    12. Leaver, Rosemary, 2004. "Measuring the supply response function of tobacco in Zimbabwe," Agrekon, Agricultural Economics Association of South Africa (AEASA), vol. 43(1), pages 1-19, March.
    13. Mamingi, Nlandu, 1999. "The impact of prices and macroeconomic policies on agricultural supply: a reply," Agricultural Economics, Blackwell, vol. 21(3), pages 323-324, December.
    14. Magrini, Emiliano & Morales-Opazo, Cristian & Balie, Jean, 2014. "Supply response along the value chain in selected SSA countries: the case of grains," 2014: Food, Resources and Conflict, December 7-9, 2014. San Diego, California 197193, International Agricultural Trade Research Consortium.

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