The Impact of Power Rationing on Zambia's Agricultural Sector
Paul Samboko (),
Antony Chapoto,
Auckland Kuteya,
Stephen Kabwe,
Rhoda Mukuka,
Bruno Mweemba and
Eustensia Munsaka
No 245111, Food Security Collaborative Working Papers from Michigan State University, Department of Agricultural, Food, and Resource Economics
Abstract:
A lack of electricity has devastating consequences for any economy. Since early 2015, Zambia experienced a 2,100 gigawatt-hours (GWh) power deficit triggering countrywide power rationing. We assess the impact of power rationing on Zambia’s agricultural sector, and the costs to firms operating in the agricultural sector. Our analysis reveals economy-wide losses amounting to ZMW 32,496,100,813 (representing 18.8% of the GDP). Losses to the agricultural sector are estimated at ZMW 2,827,160,771 (representing 1.6% of the GDP), and are likely to stifle future economic growth.
Keywords: Agricultural and Food Policy; Environmental Economics and Policy (search for similar items in EconPapers)
Pages: 34
Date: 2016-03
New Economics Papers: this item is included in nep-afr, nep-agr and nep-ene
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Citations: View citations in EconPapers (3)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:midcwp:245111
DOI: 10.22004/ag.econ.245111
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