Agriculture and National Welfare Around the World : Causality and International Heterogeneity Since 1960

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dc.creatorBravo-Ortega, Claudio
dc.creatorLederman, Daniel
dc.date2012-06-25T14:12:55Z
dc.date2012-06-25T14:12:55Z
dc.date2005-02
dc.date.accessioned2026-07-01T00:37:01Z
dc.descriptionCalculations of marginal welfare effects suggest that agricultural development has had important positive effects on national welfare, especially in developing countries. Latin American and Caribbean countries have also benefited from agricultural growth, but non-agricultural production has had marginal welfare effects that are greater in magnitude than those provided by agricultural activities. In contrast, the industrialized, high-income countries experienced marginal welfare gains from non-agricultural activities that are much greater than those derived from agriculture, whose impact is actually negative. These calculations of marginal welfare effects across regions depend on econometric estimates of elasticities linking agricultural and nonagricultural economic activities to four elements in a national welfare function: national GDP per capita, average income of the poorest households within countries, environmental outcomes concerning air and water pollution and deforestation, and macroeconomic volatility. The econometric analyses are motivated by theoretical treatments of key issues. The empirical models are estimated with various econometric techniques that deal with issues of causality and international heterogeneity.
dc.formatapplication/pdf
dc.formattext/plain
dc.identifierhttp://documents.worldbank.org/curated/en/2005/02/5625105/agriculture-national-welfare-around-world-causality-international-heterogeneity-1960
dc.identifierhttps://hdl.handle.net/10986/8903
dc.identifierhttps://doi.org/10.1596/1813-9450-3499
dc.identifier.urihttp://hdl.handle.net/123456789/407436
dc.languageEnglish
dc.languageen_US
dc.publisherWorld Bank, Washington, DC
dc.relationPolicy Research Working Paper No. 3499
dc.rightsCC BY 3.0 IGO
dc.rightshttp://creativecommons.org/licenses/by/3.0/igo/
dc.rightsWorld Bank
dc.subjectACCOUNTING
dc.subjectAGRICULTURAL DEVELOPMENT
dc.subjectAGRICULTURAL OUTPUT
dc.subjectAGRICULTURAL PRODUCTION
dc.subjectAGRICULTURAL PRODUCTS
dc.subjectAGRICULTURE
dc.subjectAIR POLLUTION
dc.subjectCOMMODITIES
dc.subjectCROPS
dc.subjectDEFORESTATION
dc.subjectDEMAND FOR FOOD
dc.subjectDEVELOPED COUNTRIES
dc.subjectDEVELOPMENT INDICATORS
dc.subjectECONOMETRIC ESTIMATES
dc.subjectECONOMIC DEVELOPMENT
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIC POLICIES
dc.subjectECONOMIC SECTORS
dc.subjectECONOMICS
dc.subjectECONOMISTS
dc.subjectELASTICITIES
dc.subjectELASTICITY
dc.subjectEMISSIONS
dc.subjectEMPIRICAL ANALYSIS
dc.subjectEMPLOYMENT
dc.subjectENVIRONMENTAL KUZNETS
dc.subjectENVIRONMENTAL QUALITY
dc.subjectEQUILIBRIUM
dc.subjectEXPORTS
dc.subjectEXTERNALITIES
dc.subjectFOOD PROCESSING
dc.subjectGDP
dc.subjectGDP PER CAPITA
dc.subjectGROSS DOMESTIC PRODUCT
dc.subjectGROWTH RATE
dc.subjectHUMAN CAPITAL
dc.subjectIMPORTS
dc.subjectINCOME
dc.subjectINCOME DISTRIBUTION
dc.subjectLABOR FORCE
dc.subjectLABOR MARKET
dc.subjectLABOR PRODUCTIVITY
dc.subjectLATIN AMERICAN
dc.subjectMACROECONOMIC SHOCKS
dc.subjectMULTIPLIER EFFECT
dc.subjectMULTIPLIER EFFECTS
dc.subjectOUTPUTS
dc.subjectPER CAPITA INCOME
dc.subjectPER CAPITA INCOMES
dc.subjectPOLICY DECISIONS
dc.subjectPOLICY RESEARCH
dc.subjectPOSITIVE EFFECTS
dc.subjectPOSITIVE EXTERNALITIES
dc.subjectPRODUCTION FUNCTION
dc.subjectPRODUCTIVITY
dc.subjectPRODUCTIVITY GROWTH
dc.subjectSAVINGS
dc.subjectSOCIAL WELFARE
dc.subjectSPILLOVERS
dc.subjectTECHNOLOGICAL PROGRESS
dc.subjectTERMS OF TRADE
dc.subjectTIME SERIES
dc.subjectTOTAL FACTOR PRODUCTIVITY
dc.subjectTOTAL FACTOR PRODUCTIVITY GROWTH
dc.subjectURBAN AREAS
dc.subjectUTILITY FUNCTION
dc.subjectWATER POLLUTION
dc.subjectWEALTH
dc.subjectWELFARE EFFECTS
dc.subjectWELFARE FUNCTION
dc.subjectWELFARE GAINS
dc.titleAgriculture and National Welfare Around the World : Causality and International Heterogeneity Since 1960

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