INTERNATIONAL FOOD POLICY RESEARCH INSTITUTE (IFPRI)
Government expenditures on agriculture and agricultural growth in Latin America
The determinants of government expenditures in agriculture (GEA) and the extent to which they spurred agricultural growth in 9 Latin American countries - Argentina, Bolivia, Brazil, Chile, Colombia, Costa Rica, Mexico, Peru, and Venezuela - during the period 1950-80 are analyzed statistically.
Elias, Victor J. · 1985
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Abstract
GEA is examined in the aggregate, but data for individual crops are also examined, and the trends of different outputs are considered. Some estimates of subsidies via credit policies are made in order to help determine GEA"s importance in comparison to other kinds of government support. The report found, inter alia, that GEA accounted for about 7% of growth in agriculture, that low rates of agricultural growth and of GEA correspond to one another, and that there was a weak relationship between the importance of public and of private inputs but a positive relationship between public inputs and GEA per hectare. The exogeneity of GEA was studied by considering the effects of some policies on the share of GEA in the total government budget. Included are 35 tables and a 7-page, country-specific bibliography (1953-84).
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