Rajabrata Banerjee , Vandana Arya , Saikat Sinha Roy
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引用次数: 0
Abstract
This paper examines the effectiveness of foreign aid in the agricultural sector in the presence of climate variability. Climate variability, measured by fluctuations in temperature and precipitation rates, can disrupt production and, in particular, lower agricultural productivity and access to food. On the other hand, foreign aid in agriculture is targeted towards low- and middle-income countries to increase people's welfare and strengthen governments' development goals. Using data from 53 countries during 1990–2019, this study examines the effect of different types of agricultural aid on agricultural labour productivity in the presence of climate change shocks. In particular, four distinct channels of agricultural aid are considered, viz. Education, R&D, Policy, and Services. We find that R&D aid is the most effective channel in mitigating the adverse effects of climate variability. These results are robust to endogeneity biases and alternative estimation techniques. Findings from this study have substantial policy implications, as we show that aid effectively mitigates the impacts of climate change and presents sustainable growth opportunities for poor and developing countries.
期刊介绍:
Ecological Economics is concerned with extending and integrating the understanding of the interfaces and interplay between "nature''s household" (ecosystems) and "humanity''s household" (the economy). Ecological economics is an interdisciplinary field defined by a set of concrete problems or challenges related to governing economic activity in a way that promotes human well-being, sustainability, and justice. The journal thus emphasizes critical work that draws on and integrates elements of ecological science, economics, and the analysis of values, behaviors, cultural practices, institutional structures, and societal dynamics. The journal is transdisciplinary in spirit and methodologically open, drawing on the insights offered by a variety of intellectual traditions, and appealing to a diverse readership.
Specific research areas covered include: valuation of natural resources, sustainable agriculture and development, ecologically integrated technology, integrated ecologic-economic modelling at scales from local to regional to global, implications of thermodynamics for economics and ecology, renewable resource management and conservation, critical assessments of the basic assumptions underlying current economic and ecological paradigms and the implications of alternative assumptions, economic and ecological consequences of genetically engineered organisms, and gene pool inventory and management, alternative principles for valuing natural wealth, integrating natural resources and environmental services into national income and wealth accounts, methods of implementing efficient environmental policies, case studies of economic-ecologic conflict or harmony, etc. New issues in this area are rapidly emerging and will find a ready forum in Ecological Economics.