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http://hdl.handle.net/10419/2798
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| Title: | | Price incentives, non-price factors, and agricultural production in Sub-Saharan Africa: a cointegration analysis  |
| Authors: | | Thiele, Rainer |
| Issue Date: | | 2002 |
| Series/Report no.: | | Kieler Arbeitspapiere 1123 |
| Abstract: | | This paper deals with the question of how responsive farmers in Sub-Saharan Africa (SSA) are to changes in incentives. Employing Johansen's multivariate cointegration approach, it investigates for ten selected SSA countries the long-run effect of pricing policies, macroeconomic distortions, and certain non-price factors on agricultural production. It turns out that – in those cases where cointegration relationships are found – estimated supply elasticities tend to lie between 0.20 and 0.50. Among the non-price factors, drought episodes have significantly impaired agricultural growth in six out of ten sample countries. |
| Subjects: | | agricultural supply response cointegration Sub-Saharan Africa |
| JEL: | | C22 Q11 |
| Document Type: | | Working Paper |
| Appears in Collections: | | Publikationen von Forscherinnen und Forschern des IfW Economists Online Kieler Arbeitspapiere, IfW
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