Relationship between distortionary agricultural trade policies and food security in developing countries: a causal analysis
In an increasingly globalised world, agricultural trade and food security inevitably goes hand in hand. On paper, the idea of free agricultural trade continues to be a contentious one as opinions remain divided whether it can lead to greater access and variability of food to a larger number of pe...
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Global Academic Excellence
2018
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| Online Access: | http://irep.iium.edu.my/64601/ http://irep.iium.edu.my/64601/ http://irep.iium.edu.my/64601/1/64601_Relationship%20between%20distortionary.pdf |
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iium-646012018-07-22T06:32:47Z http://irep.iium.edu.my/64601/ Relationship between distortionary agricultural trade policies and food security in developing countries: a causal analysis Mohamed, Shaheera Khalid, Haniza HA29 Theory and method of social science statistics HF1014 Balance of trade HF1701 Tariff policy HF3000 By region or country In an increasingly globalised world, agricultural trade and food security inevitably goes hand in hand. On paper, the idea of free agricultural trade continues to be a contentious one as opinions remain divided whether it can lead to greater access and variability of food to a larger number of people or whether it ends up exacerbating hunger and environmental degradation in the developing world by reinforcing pre-existing inequities in the global trading system. In practice, countries tend to intervene in food trade to protect domestic producers from volatilities in international markets, as most obviously seen in 2007-2008. Empirical evidence is mixed regarding the impact distortionary agricultural trade policies have on food security, particularly for developing countries. This study examines the issue using long panel data from 24 developing countries from 1990-2010. The Generalised Propensity Score (GPS) method, a non-parametric matching technique with continuous treatment, is used to assess the effect of Nominal Rates of Assistance (NRA) on the four dimensions of food security; food access, food availability, food utilization and food stability. While it is found that the relationships can be statistically proven, the numbers point to a positive link between distortionary trade policies and food security levels for the majority of these countries. Nonetheless, prolonged and widespread price insulations will ultimately push up global prices, offsetting their domestic food security benefits and distract or slow down the much-needed structural improvements in the country’s agricultural sector. Global Academic Excellence 2018-06 Article PeerReviewed application/pdf en http://irep.iium.edu.my/64601/1/64601_Relationship%20between%20distortionary.pdf Mohamed, Shaheera and Khalid, Haniza (2018) Relationship between distortionary agricultural trade policies and food security in developing countries: a causal analysis. International Journal of Accounting, Finance and Business, 3 (12). pp. 34-48. E-ISSN 0128-1844 http://www.ijafb.com/PDF/IJAFB-2018-12-06-04.pdf |
| repository_type |
Digital Repository |
| institution_category |
Local University |
| institution |
International Islamic University Malaysia |
| building |
IIUM Repository |
| collection |
Online Access |
| language |
English |
| topic |
HA29 Theory and method of social science statistics HF1014 Balance of trade HF1701 Tariff policy HF3000 By region or country |
| spellingShingle |
HA29 Theory and method of social science statistics HF1014 Balance of trade HF1701 Tariff policy HF3000 By region or country Mohamed, Shaheera Khalid, Haniza Relationship between distortionary agricultural trade policies and food security in developing countries: a causal analysis |
| description |
In an increasingly globalised world, agricultural trade and food security inevitably
goes hand in hand. On paper, the idea of free agricultural trade continues to be a contentious
one as opinions remain divided whether it can lead to greater access and variability of food to
a larger number of people or whether it ends up exacerbating hunger and environmental
degradation in the developing world by reinforcing pre-existing inequities in the global trading
system. In practice, countries tend to intervene in food trade to protect domestic producers
from volatilities in international markets, as most obviously seen in 2007-2008. Empirical
evidence is mixed regarding the impact distortionary agricultural trade policies have on food
security, particularly for developing countries. This study examines the issue using long panel
data from 24 developing countries from 1990-2010. The Generalised Propensity Score (GPS)
method, a non-parametric matching technique with continuous treatment, is used to assess the
effect of Nominal Rates of Assistance (NRA) on the four dimensions of food security; food
access, food availability, food utilization and food stability. While it is found that the
relationships can be statistically proven, the numbers point to a positive link between
distortionary trade policies and food security levels for the majority of these countries.
Nonetheless, prolonged and widespread price insulations will ultimately push up global prices,
offsetting their domestic food security benefits and distract or slow down the much-needed
structural improvements in the country’s agricultural sector. |
| format |
Article |
| author |
Mohamed, Shaheera Khalid, Haniza |
| author_facet |
Mohamed, Shaheera Khalid, Haniza |
| author_sort |
Mohamed, Shaheera |
| title |
Relationship between distortionary agricultural trade policies and food security in developing countries: a causal analysis |
| title_short |
Relationship between distortionary agricultural trade policies and food security in developing countries: a causal analysis |
| title_full |
Relationship between distortionary agricultural trade policies and food security in developing countries: a causal analysis |
| title_fullStr |
Relationship between distortionary agricultural trade policies and food security in developing countries: a causal analysis |
| title_full_unstemmed |
Relationship between distortionary agricultural trade policies and food security in developing countries: a causal analysis |
| title_sort |
relationship between distortionary agricultural trade policies and food security in developing countries: a causal analysis |
| publisher |
Global Academic Excellence |
| publishDate |
2018 |
| url |
http://irep.iium.edu.my/64601/ http://irep.iium.edu.my/64601/ http://irep.iium.edu.my/64601/1/64601_Relationship%20between%20distortionary.pdf |
| first_indexed |
2023-09-18T21:31:40Z |
| last_indexed |
2023-09-18T21:31:40Z |
| _version_ |
1777412552435695616 |