Finance And Hunger: Empirical Evidence of The Agricultural Productivity Channel
Using cross-country and panel regressions, the authors show that financial sector development significantly reduces undernourishment (hunger), largely through gaining farmers and others access to productivity-enhancing equipment, translating into beneficial income and general effects. They show spec...
Gespeichert in:
| 1. Verfasser: | |
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Washington, D.C
The World Bank
2006
|
| Schlagworte: | |
| Online-Zugang: | BSB01 EUV01 HTW01 FHI01 IOS01 Volltext |
| Zusammenfassung: | Using cross-country and panel regressions, the authors show that financial sector development significantly reduces undernourishment (hunger), largely through gaining farmers and others access to productivity-enhancing equipment, translating into beneficial income and general effects. They show specifically that a deeper financial sector leads to higher agricultural productivity, including higher cereal yields, through increased fertilizer and tractor use. Higher productivity in turn leads to lower undernourishment. The results are robust to various specifications and econometric tests and imply that a 1 percentage point increase in private credit to GDP reduces undernourishment by 0.22-2.45 percentage points, or about one-quarter the impact of GDP per capita |
| Beschreibung: | 1 Online-Ressource (48 Seiten)) |
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| 520 | 3 | |a Using cross-country and panel regressions, the authors show that financial sector development significantly reduces undernourishment (hunger), largely through gaining farmers and others access to productivity-enhancing equipment, translating into beneficial income and general effects. They show specifically that a deeper financial sector leads to higher agricultural productivity, including higher cereal yields, through increased fertilizer and tractor use. Higher productivity in turn leads to lower undernourishment. The results are robust to various specifications and econometric tests and imply that a 1 percentage point increase in private credit to GDP reduces undernourishment by 0.22-2.45 percentage points, or about one-quarter the impact of GDP per capita | |
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| 650 | 4 | |a Finance and Financial Sector Development | |
| 650 | 4 | |a Financial Literacy | |
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| spelling | Claessens, Stijn Verfasser aut Finance And Hunger Empirical Evidence of The Agricultural Productivity Channel Claessens, Stijn Washington, D.C The World Bank 2006 1 Online-Ressource (48 Seiten)) txt rdacontent c rdamedia cr rdacarrier Using cross-country and panel regressions, the authors show that financial sector development significantly reduces undernourishment (hunger), largely through gaining farmers and others access to productivity-enhancing equipment, translating into beneficial income and general effects. They show specifically that a deeper financial sector leads to higher agricultural productivity, including higher cereal yields, through increased fertilizer and tractor use. Higher productivity in turn leads to lower undernourishment. The results are robust to various specifications and econometric tests and imply that a 1 percentage point increase in private credit to GDP reduces undernourishment by 0.22-2.45 percentage points, or about one-quarter the impact of GDP per capita Online-Ausg Banks and Banking Reform Consumption Consumption Levels Cred Development Debt Markets Economic Growth Economic Theory and Research Extreme Poverty Finance and Financial Sector Development Financial Literacy Financial Sector GDP GDP Per Capital Income Inflation Macroeconomics and Economic Growth Per Capita Income Poverty Reduction Prices Pro-Poor Growth Rural Development Rural Poverty Reduction Feijen, Erik Sonstige oth Claessens, Stijn Sonstige oth Claessens, Stijn Finance And Hunger http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-4080 Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Claessens, Stijn Finance And Hunger Empirical Evidence of The Agricultural Productivity Channel Banks and Banking Reform Consumption Consumption Levels Cred Development Debt Markets Economic Growth Economic Theory and Research Extreme Poverty Finance and Financial Sector Development Financial Literacy Financial Sector GDP GDP Per Capital Income Inflation Macroeconomics and Economic Growth Per Capita Income Poverty Reduction Prices Pro-Poor Growth Rural Development Rural Poverty Reduction |
| title | Finance And Hunger Empirical Evidence of The Agricultural Productivity Channel |
| title_auth | Finance And Hunger Empirical Evidence of The Agricultural Productivity Channel |
| title_exact_search | Finance And Hunger Empirical Evidence of The Agricultural Productivity Channel |
| title_exact_search_txtP | Finance And Hunger Empirical Evidence of The Agricultural Productivity Channel |
| title_full | Finance And Hunger Empirical Evidence of The Agricultural Productivity Channel Claessens, Stijn |
| title_fullStr | Finance And Hunger Empirical Evidence of The Agricultural Productivity Channel Claessens, Stijn |
| title_full_unstemmed | Finance And Hunger Empirical Evidence of The Agricultural Productivity Channel Claessens, Stijn |
| title_short | Finance And Hunger |
| title_sort | finance and hunger empirical evidence of the agricultural productivity channel |
| title_sub | Empirical Evidence of The Agricultural Productivity Channel |
| topic | Banks and Banking Reform Consumption Consumption Levels Cred Development Debt Markets Economic Growth Economic Theory and Research Extreme Poverty Finance and Financial Sector Development Financial Literacy Financial Sector GDP GDP Per Capital Income Inflation Macroeconomics and Economic Growth Per Capita Income Poverty Reduction Prices Pro-Poor Growth Rural Development Rural Poverty Reduction |
| topic_facet | Banks and Banking Reform Consumption Consumption Levels Cred Development Debt Markets Economic Growth Economic Theory and Research Extreme Poverty Finance and Financial Sector Development Financial Literacy Financial Sector GDP GDP Per Capital Income Inflation Macroeconomics and Economic Growth Per Capita Income Poverty Reduction Prices Pro-Poor Growth Rural Development Rural Poverty Reduction |
| url | http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-4080 |
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