The Economy-wide Impacts and Risks of Malawi's Farm Input Subsidy Program

Channing Arndt, Karl Pauw and James Thurlow

American Journal of Agricultural Economics, 2016, vol. 98, issue 3, 962-980

Abstract: We estimate the impact of Malawi's Farm Input Subsidy Program using an economy-wide approach. This approach yields benefit-cost ratios about 60% higher than existing partial equilibrium studies, a result of our accounting for indirect benefits. Fertilizer response rates remain the determining parameter for benefit-cost ratio levels. Even with lower-end response rates, the program is pro-poor and generates double-dividends through higher and more drought-resilient yields. Overall, for macro-economically significant programs, our approach strongly complements survey-based evaluations. For Malawi, our results buttress arguments for a focus on program improvements.

Date: 2016
References: Add references at CitEc
Citations: View citations in EconPapers (29)

Downloads: (external link)
http://hdl.handle.net/10.1093/ajae/aav048 (application/pdf)
Access to full text is restricted to subscribers.

Related works:
Working Paper: The Economywide Impacts and Risks of Malawi’s Farm Input Subsidy Program (2014)
Working Paper: The Economywide Impacts and Risks of Malawi's Farm Input Subsidy Programme (2014)
Working Paper: The Economy-wide Impacts and Risks of Malawi's Farm Input Subsidy Program (2013)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:oup:ajagec:v:98:y:2016:i:3:p:962-980.

Access Statistics for this article

American Journal of Agricultural Economics is currently edited by Madhu Khanna, Brian E. Roe, James Vercammen and JunJie Wu

More articles in American Journal of Agricultural Economics from Agricultural and Applied Economics Association Contact information at EDIRC.
Bibliographic data for series maintained by Oxford University Press ().