IDEAS home Printed from https://ideas.repec.org/a/spr/endesu/v25y2023i4d10.1007_s10668-022-02202-z.html
   My bibliography  Save this article

Enhancing agricultural and industrial productivity through freshwater withdrawals and management: implications for the BRICS countries

Author

Listed:
  • Obiamaka P. Egbo

    (University of Nigeria, Enugu Campus)

  • Hillary Chijindu Ezeaku

    (Caritas University Enugu)

  • Victor O. Okolo

    (University of Nigeria, Enugu Campus)

  • Chika A. Anisiuba

    (University of Nigeria, Enugu Campus)

  • Godwin Imo Ibe

    (University of Nigeria, Enugu Campus)

  • Onuora M. Okeke

    (University of Nigeria, Enugu Campus)

  • Paul Agu Igwe

    (University of Lincoln)

Abstract

This paper analysed the effect of freshwater withdrawals and management on agricultural and industrial sectors productivity in the emerging market economies. The auto-regressive distributed lag model and the panel analyses were employed in our estimations. Our result revealed that Brazil had better water use efficiency in agricultural production with annual withdrawals which contribute significantly and positively to the increase in crop and livestock index. In contrast, annual withdrawals for agriculture were considered to be least efficient in Russia, followed by China and India, although, in South Africa, the result suggested an insignificant positive effect in the incremental index. Furthermore, our analysis revealed that freshwater withdrawals have a significant positive impact on industrial outputs in South Africa. Similarly, water withdrawals were positively related to industrial sector productivity in China and Russia. Brazil and India appear to be the least efficient countries where withdrawals impacted negatively (and significantly for Brazil) on industrial sector outputs. Our panel analyses showed that freshwater withdrawals were positively associated with crop and livestock production index and industrial outputs in the BRICS economies. However, the magnitude of the impacts was only significant for the industrial sector. Moreover, investments and private participation in water and sanitation projects impacted significantly and positively in productivity in both sectors.

Suggested Citation

  • Obiamaka P. Egbo & Hillary Chijindu Ezeaku & Victor O. Okolo & Chika A. Anisiuba & Godwin Imo Ibe & Onuora M. Okeke & Paul Agu Igwe, 2023. "Enhancing agricultural and industrial productivity through freshwater withdrawals and management: implications for the BRICS countries," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 25(4), pages 3771-3799, April.
    • Handle: RePEc:spr:endesu:v:25:y:2023:i:4:d:10.1007_s10668-022-02202-z
    DOI: 10.1007/s10668-022-02202-z
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1007/s10668-022-02202-z
    File Function: Abstract
    Download Restriction: Access to the full text of the articles in this series is restricted.
    File URL: https://libkey.io/10.1007/s10668-022-02202-z?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Loayza, Norman V. & Ranciere, Romain, 2006. "Financial Development, Financial Fragility, and Growth," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 38(4), pages 1051-1076, June.
    2. Christian Grovermann & Tesfamicheal Wossen & Adrian Muller & Karin Nichterlein, 2019. "Eco-efficiency and agricultural innovation systems in developing countries: Evidence from macro-level analysis," PLOS ONE, Public Library of Science, vol. 14(4), pages 1-16, April.
    3. Ringler, Claudia & Rosegrant, Mark W., 1999. "Impact on food security and rural development of reallocating water from agriculture:," EPTD discussion papers 47, International Food Policy Research Institute (IFPRI).
    4. Liu, Jing & Hertel, Thomas W. & Lammers, Richard & Prusevich, Alexander & Baldos, Uris Lantz C. & Grogan, Danielle S. & Frolking, Steve, 2017. "Achieving Sustainable Irrigation Water Withdrawals: Global Impacts on Food Security and Land Use," 2017 Annual Meeting, July 30-August 1, Chicago, Illinois 258118, Agricultural and Applied Economics Association.
    5. Peterson, Sonja & Klepper, Gernot, 2007. "Potential impacts of water scarcity on the world economy," Open Access Publications from Kiel Institute for the World Economy 4143, Kiel Institute for the World Economy (IfW Kiel).
    6. Liyuan Jiang & Shuang Zhou & Keren Li & Fangfang Wang & Jie Yang, 2018. "A New Nonparametric Estimate of the Risk-Neutral Density with Applications to Variance Swaps," Papers 1808.05289, arXiv.org, revised Feb 2019.
    7. Yi-Sheng Chao & Chao-Jung Wu, 2017. "Principal component-based weighted indices and a framework to evaluate indices: Results from the Medical Expenditure Panel Survey 1996 to 2011," PLOS ONE, Public Library of Science, vol. 12(9), pages 1-20, September.
    8. Faith M. Muema & Patrick G. Home & James M. Raude, 2018. "Application of Benchmarking and Principal Component Analysis in Measuring Performance of Public Irrigation Schemes in Kenya," Agriculture, MDPI, vol. 8(10), pages 1-20, October.
    9. Sauer, Timm & Havlik, Petr & Schneider, Uwe A. & Kindermann, Georg E. & Obersteiner, Michael, 2008. "Agriculture, Population, Land and Water Scarcity in a Changing World – The Role of Irrigation," 2008 International Congress, August 26-29, 2008, Ghent, Belgium 44271, European Association of Agricultural Economists.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Hartwell, Christopher A., 2014. "The impact of institutional volatility on financial volatility in transition economies : a GARCH family approach," BOFIT Discussion Papers 6/2014, Bank of Finland, Institute for Economies in Transition.
    2. Amar Anwar & Ichiro Iwasaki, 2023. "The finance–growth nexus in the Middle East and Africa: A comparative meta‐analysis," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 28(4), pages 4655-4683, October.
    3. Relwendé Sawadogo, 2021. "The relationship between insurance and banking sectors in Sub-Saharan African: Does globalization matter?," Economic Change and Restructuring, Springer, vol. 54(1), pages 101-119, February.
    4. Faroque Ahmed & Md. Jamal Hossain & Mohammad Tareque, 2020. "Investigating the Roles of Physical Infrastructure, Financial Development and Human Capital on Economic Growth in Bangladesh," Journal of Infrastructure Development, India Development Foundation, vol. 12(2), pages 154-175, December.
    5. Ewald Nowotny, 2014. "Towards a European perspective on financial integration," Chapters, in: Ewald Nowotny & Doris Ritzberger-Grünwald & Peter Backé (ed.), Financial Cycles and the Real Economy, chapter 1, pages 3-9, Edward Elgar Publishing.
    6. Wuliyasu Bai & Liang Yan & Jingbo Liang & Long Zhang, 2022. "Mapping Knowledge Domain on Economic Growth and Water Sustainability: A Scientometric Analysis," Water Resources Management: An International Journal, Published for the European Water Resources Association (EWRA), Springer;European Water Resources Association (EWRA), vol. 36(11), pages 4137-4159, September.
    7. Campos, Nauro F. & Coricelli, Fabrizio, 2009. "Financial Liberalization and Democracy: The Role of Reform Reversals," IZA Discussion Papers 4338, Institute of Labor Economics (IZA).
    8. Robert Stewart & Murshed Chowdhury & Vaalmikki Arjoon, 2021. "Bank stability and economic growth: trade-offs or opportunities?," Empirical Economics, Springer, vol. 61(2), pages 827-853, August.
    9. Gaurav Gupta & Jitendra Mahakud, 2019. "Alternative measure of financial development and investment-cash flow sensitivity: evidence from an emerging economy," Financial Innovation, Springer;Southwestern University of Finance and Economics, vol. 5(1), pages 1-28, December.
    10. Bernard Njindan Iyke & Sin‐Yu Ho, 2020. "Consumption and exchange rate uncertainty: Evidence from selected Asian countries," The World Economy, Wiley Blackwell, vol. 43(9), pages 2437-2462, September.
    11. Sezard Timbi & Mohammadou Nourou & Zedou Abdala, 2024. "Governance Mediates the Effect of Remittances on Financial Inclusion in Sub-Saharan Africa," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 15(1), pages 2874-2894, March.
    12. Batuo, Michael & Mlambo, Kupukile & Asongu, Simplice, 2018. "Linkages between financial development, financial instability, financial liberalisation and economic growth in Africa," Research in International Business and Finance, Elsevier, vol. 45(C), pages 168-179.
    13. Frankel, Jeffrey A. & Vegh, Carlos A. & Vuletin, Guillermo, 2013. "On graduation from fiscal procyclicality," Journal of Development Economics, Elsevier, vol. 100(1), pages 32-47.
    14. Philippe Aghion & Philippe Bacchetta & Romain Rancière & Kenneth Rogoff, 2005. "Productivity growth and the exchange rate regime: The role of financial development," Economics Working Papers 850, Department of Economics and Business, Universitat Pompeu Fabra.
    15. Armenia Androniceanu & Irina Georgescu, 2023. "The Impact of CO 2 Emissions and Energy Consumption on Economic Growth: A Panel Data Analysis," Energies, MDPI, vol. 16(3), pages 1-17, January.
    16. Mouhamadou Sy & Hamidreza Tabarraei, 2010. "Capital inflows and exchange rate in LDCs: The Dutch disease problem revisited," Working Papers halshs-00574955, HAL.
    17. Unver, Mustafa & Dogru, Bulent, 2015. "The Determinants of Economic Fragility: Case of the Fragile Five Countries," MPRA Paper 68734, University Library of Munich, Germany, revised 2015.
    18. Do, Quy-Toan & Levchenko, Andrei A., 2007. "Comparative advantage, demand for external finance, and financial development," Journal of Financial Economics, Elsevier, vol. 86(3), pages 796-834, December.
    19. Sylvester C.W. Eijffinger, 2003. "The federal design of a central bank in a monetary union: The case of the European system of central banks," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 8(4), pages 365-380.
    20. Katarzyna Sum, 2012. "The integration of financial markets and growth - the role of banking regulation and supervision," Collegium of Economic Analysis Annals, Warsaw School of Economics, Collegium of Economic Analysis, issue 26, pages 129-142.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:endesu:v:25:y:2023:i:4:d:10.1007_s10668-022-02202-z. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.