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Aid to agriculture, trade and take-off

Author

Listed:
  • Alessandra Pelloni

    (Department of Economics and Finance, University of Rome Tor Vergata, Italy; Rimini Centre for Economic Analysis)

  • Thanasis Stengos

    (Department of Economics, University of Guelph, Canada; Rimini Centre for Economic Analysis)

  • Ilaria Tedesco

    (International Fund for Agricultural Development, Italy)

Abstract

This paper studies the effect of foreign aid to agriculture on the industrialization process of developing countries. Our theoretical analysis suggests a dichotomy between closed and open economies as regards the impact of aid given for productive purposes to the primary sector. Our empirical results confirm our analysis, as we find the effect is positive for landlocked countries only.

Suggested Citation

  • Alessandra Pelloni & Thanasis Stengos & Ilaria Tedesco, 2018. "Aid to agriculture, trade and take-off," Working Paper series 18-04, Rimini Centre for Economic Analysis.
    • Handle: RePEc:rim:rimwps:18-04
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    References listed on IDEAS

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    More about this item

    Keywords

    Dual economy; Agricultural aid; Industrialization; Landlocked countries;
    All these keywords.

    JEL classification:

    • F1 - International Economics - - Trade
    • F4 - International Economics - - Macroeconomic Aspects of International Trade and Finance
    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development
    • O4 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity
    • Q1 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture

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