Welfare and sectoral productivity shifts in a small open economy with imported agricultural inputs: the case of sub-saharan Africa
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Welfare and sectoral productivity shifts in a small open economy with imported agricultural inputs: the case of sub-saharan AfricaData
2022-08-11Cita bibliográfica
García-Cebro, J.A., Quintela-Del-Río, A. & Varela-Santamaría, R. Welfare and sectoral productivity shifts in a small open economy with imported agricultural inputs: The case of Sub-Saharan Africa. Port Econ J 22, 353–376 (2023). https://doi.org/10.1007/s10258-022-00218-x
Resumo
[Abstract] This paper studies the impact of sectoral productivity growth on welfare in Sub-Saharan Africa. Using the analytical framework of a DSGE model, the main finding is that, for the estimated values of structural parameters, the allocation of scarce resources to the tradable agricultural sector for boosting productivity leads to a greater increase in overall welfare than would be the case if they were allocated to the non-traded goods sector.
Palabras chave
NOEM models
Agricultural productivity
Development economics
Sub-saharian Africa
Agricultural productivity
Development economics
Sub-saharian Africa
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Creative Commons Attribution 4.0 International License (CC-BY 4.0)
ISSN
1617-982X