Exploring the widening food gap: an international perspective

Jakob B. Madsen, Md. Rabiul Islam

Research output: Contribution to journalArticle

1 Citation (Scopus)

Abstract

Using data for a long panel of 90 developed and developing countries, this article explores the effects of research and development (R&D) and fixed capital stock on agricultural land productivity over the period 1961–2012. Instruments are used for R&D to deal with feedback effects and measurement errors. The results show very high social returns to investment in R&D and to fixed capital stock, suggesting that increasing investment in these factors are promising ways of arresting the increasing food prices due to increasing demand for animal protein, population growth, desertification, salinization, soil erosion, climate change, and decreasing growth in land productivity.

Original languageEnglish
Pages (from-to)645-659
Number of pages15
JournalAgricultural Economics (United Kingdom)
Volume47
Issue number6
DOIs
Publication statusPublished - 1 Nov 2016
Externally publishedYes

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