Relationship between agricultural trade policies and food security: Evidence from developing countries

It is well-known that in order for countries to meet all the basic types of food commodities required, a system of free agricultural trade is critical. However, in practice, many countries choose to protect their borders through distortionary agricultural trade policies in an attempt to keep domesti...

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Main Authors: Khalid, Haniza, Mohamed, Shaheera
Format: Proceeding Paper
Language:English
Published: Morrocan Association of Governance & Decision Making 2016
Subjects:
Online Access:http://irep.iium.edu.my/53614/
http://irep.iium.edu.my/53614/3/53614-new.pdf
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author Khalid, Haniza
Mohamed, Shaheera
author_facet Khalid, Haniza
Mohamed, Shaheera
author_sort Khalid, Haniza
building IIUM Repository
collection Online Access
description It is well-known that in order for countries to meet all the basic types of food commodities required, a system of free agricultural trade is critical. However, in practice, many countries choose to protect their borders through distortionary agricultural trade policies in an attempt to keep domestic markets isolated from changes in international price. The food crisis of 2007-2008 led a to an increase in border protection for many countries, particularly in the agricultural sector. In literature, debate is still ongoing regarding the impact such distortionary agricultural trade policies have on food security. This paper aims to analyse the causal impact that distortionary agricultural trade policies have on food security, utilising the generalised propensity score (GPS) method, a non-parametric matching technique with continuous treatment, to assess the effect that distortionary agricultural trade policies, proxied by the Nominal Rates of Assistance (NRA), has on the four dimensions of food security; food access, food availability, food utilisation and food stability. The data focuses on 24 developing countries in the Asian, African and Latin American region between the years of 1990 to 2010. The results of the research show that there is a degree of causal relationship between distortionary agricultural trade policies and the dimensions of food security. The results also found a positive relationship between distortionary agricultural trade policies and food security in developing countries.
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spelling iium-536142017-02-28T07:37:49Z http://irep.iium.edu.my/53614/ Relationship between agricultural trade policies and food security: Evidence from developing countries Khalid, Haniza Mohamed, Shaheera HB131 Methodology.Mathematical economics. Quantitative methods HB3711 Business cycles. Economic fluctuations It is well-known that in order for countries to meet all the basic types of food commodities required, a system of free agricultural trade is critical. However, in practice, many countries choose to protect their borders through distortionary agricultural trade policies in an attempt to keep domestic markets isolated from changes in international price. The food crisis of 2007-2008 led a to an increase in border protection for many countries, particularly in the agricultural sector. In literature, debate is still ongoing regarding the impact such distortionary agricultural trade policies have on food security. This paper aims to analyse the causal impact that distortionary agricultural trade policies have on food security, utilising the generalised propensity score (GPS) method, a non-parametric matching technique with continuous treatment, to assess the effect that distortionary agricultural trade policies, proxied by the Nominal Rates of Assistance (NRA), has on the four dimensions of food security; food access, food availability, food utilisation and food stability. The data focuses on 24 developing countries in the Asian, African and Latin American region between the years of 1990 to 2010. The results of the research show that there is a degree of causal relationship between distortionary agricultural trade policies and the dimensions of food security. The results also found a positive relationship between distortionary agricultural trade policies and food security in developing countries. Morrocan Association of Governance & Decision Making 2016-11-25 Proceeding Paper PeerReviewed application/pdf en http://irep.iium.edu.my/53614/3/53614-new.pdf Khalid, Haniza and Mohamed, Shaheera (2016) Relationship between agricultural trade policies and food security: Evidence from developing countries. In: 3rd International Conference on Business & Management in Marrakech – Morocco, 24th-26th November 2016, Marrakech, Morocco.
spellingShingle HB131 Methodology.Mathematical economics. Quantitative methods
HB3711 Business cycles. Economic fluctuations
Khalid, Haniza
Mohamed, Shaheera
Relationship between agricultural trade policies and food security: Evidence from developing countries
title Relationship between agricultural trade policies and food security: Evidence from developing countries
title_full Relationship between agricultural trade policies and food security: Evidence from developing countries
title_fullStr Relationship between agricultural trade policies and food security: Evidence from developing countries
title_full_unstemmed Relationship between agricultural trade policies and food security: Evidence from developing countries
title_short Relationship between agricultural trade policies and food security: Evidence from developing countries
title_sort relationship between agricultural trade policies and food security: evidence from developing countries
topic HB131 Methodology.Mathematical economics. Quantitative methods
HB3711 Business cycles. Economic fluctuations
url http://irep.iium.edu.my/53614/
http://irep.iium.edu.my/53614/3/53614-new.pdf