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The Effects of Credit Policies on U.S. Agriculture

Author : Peter J. Barry
Publisher : American Enterprise Institute
Page : 132 pages
File Size : 30,47 MB
Release : 1995
Category : Business & Economics
ISBN : 9780844739052

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Examines the nonbudget consequences of the entire set of agricultural programmes and the extent to which general financial regulation affects the farm sector.

Financing The Agricultural Sector

Author : Dean W. Hughes
Publisher : CRC Press
Page : 270 pages
File Size : 42,57 MB
Release : 2019-03-04
Category : Science
ISBN : 0429689179

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Farm credit and tax policies have become increasingly important areas of concern for policymakers and agriculturists. Rising levels of debt use among the nation's commercial producers, rising interest rates, and an increased dependence on international commodity markets have contributed to greater income volatility at the farm level, making financi

Near-real-time welfare and livelihood impacts of an active civil war: Evidence from Ethiopia

Author : Abay, Kibrom A.
Publisher : Intl Food Policy Res Inst
Page : 57 pages
File Size : 38,53 MB
Release : 2022-03-01
Category : Political Science
ISBN :

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Ethiopia is currently embroiled in a large-scale civil war that has continued for more than a year. Using unique High-Frequency Phone Survey (HFPS) data, which spans several months before and after the outbreak of the war, this paper provides fresh evidence on the ex durante impacts of the conflict on the food security and livelihood activities of affected households. We use difference-in-differences estimation to compare trends in the outcomes of interest across affected and unaffected regions (households) and before and after the outbreak of the civil war. Seven months into the conflict, we find that the outbreak of the civil war increased the probability of moderate to severe food insecurity by 38 percentage points. Using the Armed Conflict Location and Event Data (ACLED) on households’ exposure to violent conflict, we show that exposure to one additional battle leads to 1 percentage point increase in the probability of moderate to severe food insecurity. The conflict has reduced households’ access to food through supply chain disruptions while also curtailing non-farm livelihood activities. Non-farm and wage related activities were the most affected by the conflict while farming activities were relatively more resilient. Similarly, economic activities in urban areas were much more affected than those in rural areas. These substantial impact estimates, which are likely to be underestimates of the true average effects on the population, constitute novel evidence on the near-real-time impacts of an on-going civil conflict, providing direct evidence on how violent conflict disrupts the functioning of market supply chains and livelihoods activities. Our work highlights the potential of HFPS to monitor active and large-scale conflicts, especially in contexts where conventional data sources are not immediately available.