Aid to Africa's agriculture towards building physical capital: Empirical evidence and implications for post-COVID-19 food insecurity.
Aid to Africa's agriculture towards building physical capital: Empirical evidence and implications for post-COVID-19 food insecurity.
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DOI：
10.1016/j.wdp.2020.100269
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发表时间：
2020-12
影响因子：
1.9
通讯作者：
Bokpin GA
中科院分区：
文献类型：
--
作者：
Asiedu E;Sadekla SS;Bokpin GA
非洲的农业生产力取决于有形资本的形成。资本形成对于克服COVID-19后潜在的粮食不安全至关重要。农业官方发展援助对农业固定资本形成的即时影响。腐败和法治确实影响到撒南非洲的农业官方发展援助流入。官方发展援助对于加快农业投资和加强粮食安全是必要的。撒哈拉以南非洲（SSA）农业有形资本的形成对于帮助非洲大陆（1）克服COVID-19大流行对粮食不安全的影响以及（2）在COVID-19大流行期间仍能实现“无贫困”和“零饥饿”的可持续发展目标（SDG）至关重要。本文使用40个撒哈拉以南非洲国家1996 - 2014年的国家层面数据，以降雨量偏差作为农业官方发展援助（ODA）的工具，在固定效应估计的背景下，考察了农业ODA对撒哈拉以南非洲农业固定资本形成的“瞬时”影响。这里的问题是，对农业的援助是否能立即转化为建立解决任何潜在危机对粮食不安全的影响所急需的固定资本。将农业固定资本计量为对农业机械、水坝、农业和农产品加工用工业建筑、栅栏、沟渠、排水沟等的固定投资，我们发现，资本形成在撒南非洲农业即时改善与农业官方发展援助流入。第二，我们发现，即使降雨偏差与农业官方发展援助流入撒南非洲，机构，特别是那些旨在控制腐败和加强法治，没有关系的农业援助流入撒南非洲。这些结果表明，农业官方发展援助对于加快农业投资和实现粮食安全是必要的。我们的结果是强大的瞬时模型的规格上的灵敏度分析。
Africa’s agricultural productivity depends on the formation of physical capital. Capital formation is imperative to overcome potential post COVID-19 food insecurity. Instantaneous impact of agricultural ODA on agricultural fixed capital formation. Corruption and rule of law do matter for agricultural ODA inflows to SSA. ODA is necessary to accelerate agricultural investments and enhance food security. The formation of physical capital in Sub-Saharan Africa (SSA) in agriculture is imperative to help the continent (1) overcome the effect of the COVID-19 pandemic on food insecurity and (2) still be on track towards achieving the Sustainable Development Goals (SDGs) of “No poverty” and “Zero hunger” in the midst of the COVID-19 pandemic. Using country-level data on 40 SSA countries from 1996 to 2014 and rainfall deviations as an instrument for agricultural official development assistance (ODA) in fixed-effect estimation settings, this paper examines the ‘instantaneous’ impact of agricultural ODA on agricultural fixed capital formation in SSA. The question here is whether aid to agriculture does translate instantaneously to building fixed capital urgently needed to address the effect of any potential crisis on food insecurity. Measuring agricultural fixed capital as fixed investments in farm machinery, dams, industrial buildings for agricultural and agro-processing, fences, ditches, drains, etc., we find that capital formation in SSA agriculture improves instantaneously with agricultural ODA inflows. Second, we find that even though rainfall deviations are associated with agricultural ODA inflows to SSA, institutions particularly those designed to control corruption and strengthen rule of law, do matter for agricultural aid inflows to SSA. These results suggest that agricultural ODA is necessary to accelerate agricultural investments and achieve food security. Our results are robust to sensitivity analysis on the specification of the instantaneous model.
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