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Agricultural diversification, productivity, and food security across time and space

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  • Jean‐Paul Chavas
  • Giorgia Rivieccio
  • Salvatore Di Falco
  • Giovanni De Luca
  • Fabian Capitanio

Abstract

This article presents an investigation of agricultural production risk over time and across space and its implications for food security. The econometric approach involves a Quantile Autoregressive (QAR) model and a copula to provide a flexible representation of the distribution of yield risk and its evolution over time and across space. The analysis relies on a two‐step estimation method to evaluate the multivariate yield distribution and its spatial and temporal evolution. Linkages between agricultural production risk and the economics of food security are explored, with implications for the welfare cost of food insecurity. The approach is illustrated in an econometric application to regional wheat and corn yields in Italy. The analysis provides new and useful information on the evolving linkages between agricultural production risk, productivity, and food security. Our integrated approach documents the role of regional diversification and of productivity growth along with their effects on food security.

Suggested Citation

  • Jean‐Paul Chavas & Giorgia Rivieccio & Salvatore Di Falco & Giovanni De Luca & Fabian Capitanio, 2022. "Agricultural diversification, productivity, and food security across time and space," Agricultural Economics, International Association of Agricultural Economists, vol. 53(S1), pages 41-58, November.
    • Handle: RePEc:bla:agecon:v:53:y:2022:i:s1:p:41-58
    DOI: 10.1111/agec.12742
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    Cited by:

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    2. Ryota Nakatani, 2024. "Food companies' productivity dynamics: Exploring the role of intangible assets," Agribusiness, John Wiley & Sons, Ltd., vol. 40(1), pages 185-226, January.
    3. Hongbo Li & Lewei Chen & Zongyi Zhang, 2022. "A Study on the Utilization Rate and Influencing Factors of Small Agricultural Machinery: Evidence from 10 Hilly and Mountainous Provinces in China," Agriculture, MDPI, vol. 13(1), pages 1-25, December.
    4. Haonan Zhang & Zheng Chen & Jieyong Wang & Haitao Wang & Yingwen Zhang, 2023. "Spatial-Temporal Pattern of Agricultural Total Factor Productivity Change (Tfpch) in China and Its Implications for Agricultural Sustainable Development," Agriculture, MDPI, vol. 13(3), pages 1-17, March.
    5. Roman Neyter & Oleg Nivievskyi, 2023. "Effect of subsidies on farms' exit decision," Agribusiness, John Wiley & Sons, Ltd., vol. 39(4), pages 941-959, October.

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