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

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.

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Abstract

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.

Item Type:	Conference or Workshop Item (Invited Papers)
Additional Information:	3350/53614
Uncontrolled Keywords:	Food security, International trade, Generalised propensity score (GPS), Distortionary trade policies
Subjects:	H Social Sciences > HB Economic Theory > HB131 Methodology.Mathematical economics. Quantitative methods H Social Sciences > HB Economic Theory > HB3711 Business cycles. Economic fluctuations
Kulliyyahs/Centres/Divisions/Institutes (Can select more than one option. Press CONTROL button):	Kulliyyah of Economics and Management Sciences > Department of Economics
Depositing User:	Dr. Haniza Khalid
Date Deposited:	28 Feb 2017 15:37
Last Modified:	28 Feb 2017 15:37
URI:	http://irep.iium.edu.my/id/eprint/53614

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