Exploring the Nonlinear Relationship between Cereal Self-Sufficiency and Economic Growth: Implications for Sustainable Food Security

• 영문명: Exploring the Nonlinear Relationship between Cereal Self-Sufficiency and Economic Growth: Implications for Sustainable Food Security
• 발행기관: 한국농업경제학회
• 저자명: 정대희(Dae Hee Chung) 서동희(Dong Hee Suh)
• 간행물 정보: 『농업경제연구』64권 4호, 175~192쪽, 전체 18쪽
• 주제분류: 경제경영 > 경제학
• 파일형태: PDF
• 발행일자: 2023.12.30

영문 초록

This study examines the nonlinear relationship between cereal self-sufficiency and economic growth. Compiling a comprehensive balanced panel dataset encompassing 100 countries spanning the period from 1995 to 2020, this study conducts the panel analyses to examine how cereal selfsufficiency rates are associated with economic growth. Our empirical analyses yield illuminating insights into the stylized patterns of cereal self-sufficiency rates at various economic growth stages. These patterns highlight asymmetrical and nonlinear relationships between cereal exporting and importing countries. Exporting countries demonstrate a U-shaped curve, which indicates a propensity for amplifying domestic production, generating excess surpluses of cereals. In contrast, importing countries exhibit an inverted U-shaped curve, reflecting that challenging production conditions compel them to depend on international imports to meet their food demand.

목차

Ⅰ. Introduction

Ⅱ. Methodology and Data

Ⅲ. Results

Ⅳ. Conclusions

References

키워드

food self-sufficiency trade openness food price economic growth food security