Y. Subramaniam, T. A. Masron, Nanthakumar Loganathan
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The Food and Agriculture Organization considers imports crucial to food security (FS) based on their inclusion in the FS definition. Given the broadening of the definition of FS to more than just food availability, the real impact of imports on FS is questionable. This article analyzes the effect of imports on FS in 56 lower-middle income countries from 2011 to 2016. Adopting the generalized method of moments technique, the estimation results point to the negative effects of imports on FS. The breakdown analysis for each dimension indicates that the level of food availability tends to be higher with imports. This could be why imports are considered part of FS measurement. However, the remaining three dimensions, level of food accessibility, utilization, and stability, do against imports. This could explain why the negative impacts of imports outweigh the positive ones in the net. This study indicates that the inclusion of imports in FS can help to secure stable food supplies and meet shortfalls in local production through a better import regulation system.
期刊介绍:
Global Journal of Emerging Market Economies is a peer-reviewed journal. The aim of the journal is to provide an international platform for knowledge sharing, discussion and networking on the various aspects related to emerging market economies through publications of original research. It aims to make available basic reference material for policy-makers, business executives and researchers interested in issues of fundamental importance to the economic prospects and performance of emerging market economies. The topics for discussion are related to the following general categories: D. Microeconomics E. Macroeconomics and Monetary Economics F. International Economics G. Financial Economics H. Public Economics I. Health, Education, and Welfare J. Labor and Demographic Economics L. Industrial Organization O. Economic Development, Innovation, Technological Change, and Growth Q. Agricultural and Natural Resource Economics • Environmental and Ecological Economics R. Urban, Rural, Regional, Real Estate, and Transportation Economics Additionally, the journal would be most interested to publish topics related to Global Financial Crisis and the Impact on Emerging Market Economies Economic Development and Inclusive Growth Climate Change and Energy Infrastructure Development and Public Private Partnerships Capital Flows to and from Emerging Market Economies Regional Cooperation Trade and Investment and Development of National and Regional Financial Markets The Belt and Road Initiative.