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Responding to Economic Shocks in Ghana: The Agricultural Sector as a Social Safety Net

Author

Listed:
  • Daniel Bruce Sarpong

    () (Department of Agricultural Economics and Agribusiness, University of Ghana)

  • Samuel Asuming-Brempong

Abstract

The objective of this paper is to document, assess and characterize the role Ghana’s agriculture has played as a safety net when the urban labor market suffered economic shocks. The study explores how agriculture influences non-agricultural dependent households. Specific attention is given to the implicit value of the informal insurance role that rural households play in supporting family members who lose jobs acquired after migrating to urban areas. The paper analyses Ghanaian agriculture’s social security role in the late 1980s and 1990s. This well documented period in Ghanaian economic literature, coincides with both natural and macro policy shocks and the policy measures taken to cope with the shocks.

Suggested Citation

  • Daniel Bruce Sarpong & Samuel Asuming-Brempong, 2004. "Responding to Economic Shocks in Ghana: The Agricultural Sector as a Social Safety Net," The Electronic Journal of Agricultural and Development Economics, Food and Agriculture Organization of the United Nations, vol. 1(1), pages 117-137.
  • Handle: RePEc:fao:tejade:v:1:y:2004:i:1:p:117-137
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    References listed on IDEAS

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    1. Domenico Scalera, 1996. "Optimal consumption and the environment Choosing between ‘clean’ and ‘dirty’ goods," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 7(4), pages 375-389, June.
    2. Jennifer Tkac, 1998. "The Effects of Information on Willingness-to-Pay Values of Endangered Species," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 80(5), pages 1214-1220.
    3. Gary D. Thompson, 1998. "Consumer Demand for Organic Foods: What We Know and What We Need to Know," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 80(5), pages 1113-1118.
    4. Peter A. Diamond & Jerry A. Hausman, 1994. "Contingent Valuation: Is Some Number Better than No Number?," Journal of Economic Perspectives, American Economic Association, vol. 8(4), pages 45-64, Fall.
    5. Karen Klonsky & Laura Tourte, 1998. "Organic Agricultural Production in the United States: Debates and Directions," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 80(5), pages 1119-1124.
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    Citations

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    Cited by:

    1. Vikas Choudhary & Stephen D'Alessandro, 2015. "Ghana Agricultural Sector Risk Assessment," World Bank Other Operational Studies 22498, The World Bank.
    2. Delpierre, Matthieu & Verheyden, Bertrand & Weynants, Stéphanie, 2016. "Is informal risk-sharing less effective for the poor? Risk externalities and moral hazard in mutual insurance," Journal of Development Economics, Elsevier, vol. 118(C), pages 282-297.

    More about this item

    Keywords

    Ghana; labor; migration; rural development; safety nets;

    JEL classification:

    • Q10 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - General
    • J61 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Geographic Labor Mobility; Immigrant Workers
    • I31 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General Welfare, Well-Being

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