Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/2798
Authors: 
Thiele, Rainer
Year of Publication: 
2002
Series/Report no.: 
Kiel Working Paper 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: 
cointegration
Sub-Saharan Africa
agricultural supply response
JEL: 
C22
Q11
Document Type: 
Working Paper

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