Government expenditures on agriculture in Latin America

Elias, V.J. (1981) Government expenditures on agriculture in Latin America. Other. International Food Policy Research Institute, Washington, USA.

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The study presents estimates of aggregate government expenditures directed to the rural sectors of 9 Latin American countries: Argentina, Bolivia, Brazil, Chile, Costa Rica, Colombia, Mexico, Peru and Venezuela, 1950-78. It identifies government expenditure policies for the agricultural sector in Latin America; measures their importance in relation to total government output, analyses their trend and variability throughout the time period and from country to country, and begins to study their effects on agricultural production. Although the study is mostly descriptive, it presents some measurements of the behaviour of government expenditure policies. A number of conclusions can be drawn from the data: (1) the trend of expenditures on agriculture has risen sharply (8% p.a.) especially since 1964, in every country except Argentina; (2) agriculture's share of GDP has declined steadily in every country except Chile; (3) the share of government expenditures on agriculture in the total government budget averaged 5%; (4) government expenditure policy is responsible for at least 10% of the growth of agricultural output

Item Type: Monograph (Other)
Author Affiliation: Department of Economics, National University of Tucuman, Argentina
Subjects: Agricultural Engineering
Divisions: General
Depositing User: Ms K Syamalamba
Date Deposited: 25 Oct 2012 10:57
Last Modified: 25 Oct 2012 10:57

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