Eskander Alvi, Debasri Mukherjee and James Squires

Correspondence: Debasri Mukherjee, debasri.mukherjee@wmich.edu

Western Michigan University, USA

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Abstract

We examine the effectiveness of multilateral foreign-aid that can potentially enhance agricultural production from various angles. Our analysis reveals that although such aid does not always enhance agricultural productivity, volatility of such aid seems to have strong association with the volatility of production. Also volatility adjusted agricultural aid can enhance volatility adjusted mean agricultural output.

Keywords:

  Foreign Aid, Agricultural output, Agricultural risk-volatility, Panel Data

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