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Corn and Rice Yield and Acreage Response to Prices, Policy and Climate Factors in Togo

Author

Listed:
  • Manzamasso, Hodjo
  • Acharya, Ram N.
  • Blayney, Don P.

Abstract

The primary objective of this paper is to evaluate the impact of market prices, weather, and policy variables on crop yield and acreage response in Togo using panel data estimators. Results show that both input (fertilizer) and output prices have statistically significant and expected effect on corn acreage. Output price also has significant but opposite impact on corn (negative) and rice (positive) yields. As expected, rainfall during planting months has a significant impact on both corn (April) and rice (May) acreage allocations. Similarly, total rainfall during growing season has significantly positive impact on both corn and rice yields. Moreover, recent agricultural policy initiative designed to boost domestic food production has significantly increased corn and rice yields and corn acreage.

Suggested Citation

  • Manzamasso, Hodjo & Acharya, Ram N. & Blayney, Don P., 2016. "Corn and Rice Yield and Acreage Response to Prices, Policy and Climate Factors in Togo," 2016 Annual Meeting, February 6-9, 2016, San Antonio, Texas 230082, Southern Agricultural Economics Association.
  • Handle: RePEc:ags:saea16:230082
    DOI: 10.22004/ag.econ.230082
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    File URL: http://ageconsearch.umn.edu/record/230082/files/Corn%20and%20Rice%20Yield%20and%20Acreage%20response%20to%20Prices_%20Policy%20and%20Climate%20factors%20in%20Togo.pdf
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    References listed on IDEAS

    as
    1. William Easterly, 2003. "IMF and World Bank Structural Adjustment Programs and Poverty," NBER Chapters, in: Managing Currency Crises in Emerging Markets, pages 361-392, National Bureau of Economic Research, Inc.
    2. Huang, Haixiao & Khanna, Madhu, 2010. "An Econometric Analysis of U.S. Crop Yield and Cropland Acreage: Implications for the Impact of Climate Change," 2010 Annual Meeting, July 25-27, 2010, Denver, Colorado 61527, Agricultural and Applied Economics Association.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    Agricultural and Food Policy; Food Security and Poverty; Production Economics; Productivity Analysis;

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