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Agricultural Aid, Agricultural Productivity and its Volatility: A Note

Author

Listed:
  • Eskander Alvi
  • Debasri Mukherjee
  • James Squires

Abstract

We examine the effectiveness of multilateral foreign-aid that can potentially enhance agricultural production from various angles. Our analysis reveals that although such aid does not always enhance agricultural productivity, volatility of such aid seems to have strong association with the volatility of production. Also volatility adjusted agricultural aid can enhance volatility adjusted mean agricultural output.

Suggested Citation

  • Eskander Alvi & Debasri Mukherjee & James Squires, 2018. "Agricultural Aid, Agricultural Productivity and its Volatility: A Note," Bulletin of Applied Economics, Risk Market Journals, vol. 5(2), pages 1-11.
    • Handle: RePEc:rmk:rmkbae:v:5:y:2018:i:2:p:1-11
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    References listed on IDEAS

    as
    1. Ozgur Kaya & Ilker Kaya & Lewell Gunter, 2013. "Foreign Aid and the Quest for Poverty Reduction: Is Aid to Agriculture Effective?," Journal of Agricultural Economics, Wiley Blackwell, vol. 64(3), pages 583-596, September.
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    4. Ozgur Kaya & Ilker Kaya & Lewell Gunter, 2012. "Development Aid to Agriculture and Economic Growth," Review of Development Economics, Wiley Blackwell, vol. 16(2), pages 230-242, May.
    5. Islam, Nurul, 2011. "Foreign aid to agriculture: Review of facts and analysis," IFPRI discussion papers 01053, International Food Policy Research Institute (IFPRI).
    6. Thorsten Beck & Asli Demirgüç-Kunt & Ross Levine, 2007. "Finance, inequality and the poor," Journal of Economic Growth, Springer, vol. 12(1), pages 27-49, March.
    7. Thorsten Beck & Asli Demirgüç-Kunt & Ross Levine, 2001. "Legal Theories of Financial Development," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 17(4), pages 483-501.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Foreign Aid; Agricultural output; Agricultural risk-volatility; Panel Data;
    All these keywords.

    JEL classification:

    • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
    • F35 - International Economics - - International Finance - - - Foreign Aid
    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development
    • Q1 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture

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