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dc.titlePublic Expenditures and the Performance of Latin American and Caribbean Agriculture
dc.contributor.authorAnríquez, Gustavo
dc.contributor.authorFoster, William
dc.contributor.authorOrtega, Jorge
dc.contributor.authorFalconi, César
dc.contributor.authorDe Salvo, Carmine Paolo
dc.contributor.orgunitEnvironment, Rural Development and Risk Management Division
dc.coverageLatin America
dc.coverageThe Caribbean
dc.date.available2016-09-12T00:00:00
dc.date.issue2016-09-02T00:00:00
dc.description.abstractEconomic theory and econometric evidence support the thesis that the displacement of government expenditures on public goods by subsidies to private goods inhibits the performance of the farm sector. This paper presents an analysis of the influence of the mix of expenditures related to agriculture on net income generation, using data for 19 Latin American and Caribbean countries during 1985-2012. The econometric results demonstrate that total government spending on the farm sector positively impacts agriculture's performance. More importantly, and of greater practical economic significance, increasing the share of expenditures committed to public goods, ceteris paribus, would significantly raise rural income as measured by sector value added per capita of the rural population.
dc.format.extent30;33
dc.identifier.doihttp://dx.doi.org/10.18235/0012284
dc.identifier.urlhttps://publications.iadb.org/publications/english/document/Public-Expenditures-and-the-Performance-of-Latin-American-and-Caribbean-Agriculture.pdf
dc.identifier.urlhttps://publications.iadb.org/publications/spanish/document/Gasto-público-y-el-desempeño-de-la-agricultura-en-América-Latina-y-el-Caribe.pdf
dc.language.isoen
dc.mediumAdobe PDF
dc.publisherInter-American Development Bank
dc.subjectAgricultural Policy
dc.subjectPublic Expenditure
dc.subjectAgricultural Innovation
dc.subjectAgricultural Productivity
dc.subjectRural Infrastructure
dc.subject.jelcodeH50 - National Government Expenditures and Related Policies: General
dc.subject.jelcodeO13 - Agriculture • Natural Resources • Energy • Environment • Other Primary Products
dc.subject.jelcodeQ18 - Agricultural Policy • Food Policy
dc.subject.jelcodeQ16 - R&D • Agricultural Technology • Biofuels • Agricultural Extension Services
dc.subject.jelcodeQ17 - Agriculture in International Trade
dc.subject.keywordsgasto público;government spending;gasto agrícola;government agricultural policy;agricultural spending
dc.typeWorking Papers
idb.identifier.pubnumberWorking Papers
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