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Public expenditures and agricultural productivity growth in Ghana 31
Benin, Samuel; Mogues, Tewodaj; Cudjoe, Godsway; Randriamamonjy, Josee.
Using district- and regional-level public expenditure data and household-level production data, this paper estimates the agricultural productivity returns to different types of public expenditure across various agro-ecological zones of Ghana. The results reveal that provision of various public goods and services in the agricultural, education, health and rural roads sectors have substantial impact on agricultural productivity. A one percent increase in public spending on agriculture is associated with a 0.15 percent increase in agricultural labor productivity, with a benefit-cost ratio of 16.8. Spending on feeder roads ranks second (with a benefit-cost ratio of 5), followed by health (about one hundredth of the value). Formal education was negatively...
Tipo: Conference Paper or Presentation Palavras-chave: Agricultural Development; Ghana; Public Spending and Investments; International Development; Productivity Analysis; Public Economics.
Ano: 2009 URL: http://purl.umn.edu/51634
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Local Impacts of a Global Crisis - Food Price Transmission and Poverty Impacts in Ghana 31
Cudjoe, Godsway; Breisinger, Clemens; Diao, Xinshen.
This paper takes a local perspective on global food price shocks by analyzing food price transmission between regional markets in Ghana. It also assesses the impacts of food price increases on various household groups. Taking the recent global food crisis as an example, we find that prices for domestic staples are highly correlated with prices for imported rice. However, price transmission between pairs of domestic regional markets is limited; it is complete for local rice and maize only when more rigorous cointegration analysis is applied. Our findings also show the important role of seasonality in the determination of market integration and price transmission. The welfare effect for households as consumers appears relatively modest at the aggregate...
Tipo: Conference Paper or Presentation Palavras-chave: Crisis; Price transmission; Cointegration analysis; Household model; Ghana; Food Security and Poverty; International Development; Q13; R20.
Ano: 2009 URL: http://purl.umn.edu/51089
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