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Welfare and sectoral productivity shifts in a small open economy with imported agricultural inputs : the case of Sub‑Saharan Africa
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Orientador(es)
Resumo(s)
This paper studies the impact of sectoral productivity growth on welfare in Sub-
Saharan Africa. Using the analytical framework of a DSGE model, the main finding
is that, for the estimated values of structural parameters, the allocation of scarce
resources to the tradable agricultural sector for boosting productivity leads to a
greater increase in overall welfare than would be the case if they were allocated to
the non-traded goods sector.
Descrição
Palavras-chave
NOEM models Agricultural productivity Development Economics Sub-Saharan Africa
Contexto Educativo
Citação
García‑Cebro, Juan Antonio, Alejandro Quintela‑Del‑Río and Ramón Varela‑Santamaría (2023). "Welfare and sectoral productivity shifts in a small open economy with imported agricultural inputs : the case of Sub‑Saharan Africa". Portuguese Economic Journal, 22(3):353-376
Editora
Springer