1. Economic impacts of agricultural policy responses to the outbreak of COVID-19
- Author
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Dora Elena Jiménez and Adrián Saldarriaga-Isaza
- Subjects
Strategy and Management ,Política agrícola ,id.loc.gov/authorities/subjects/sh85038551 [http] ,id.loc.gov/authorities/subjects/sh99005752 [http] ,COVID-19 (Disease) ,Management of Technology and Innovation ,Asistencia económica ,vocabularies.unesco.org/thesaurus/concept582 [http] ,Political Economics ,D58 Computable and other applied general equilibrium models ,Epidemias ,Agriculture - Economic aspects - Colombia ,Distribution (Economic theory) ,Marketing ,Economic assistance ,Efectos distributivos ,Agricultural policy ,COVID-19 (Enfermedad) ,Equilibrio económico ,vocabularies.unesco.org/thesaurus/concept17114 [http] ,Food aid ,Distribución (Teoría económica) ,Economic policy ,Agriculture and state ,Equilibrium (Economics) - Econometric models ,Distributive justice ,Justicia distributiva ,Income distribution ,id.loc.gov/authorities/subjects/sh2008119846 [http] ,id.loc.gov/authorities/subjects/sh85064765 [http] ,Covid-19 ,id.loc.gov/authorities/subjects/sh2020000570 [http] ,Economics and Econometrics ,id.loc.gov/authorities/subjects/sh85038544 [http] ,Enfermedades epidémicas ,Agricultura - Aspectos económicos ,Economic equilibrium ,Economic aid ,Q18 Agricultural policy ,vocabularies.unesco.org/thesaurus/concept8251 [http] ,Distribución del ingreso ,vocabularies.unesco.org/thesaurus/concept1740 [http] ,vocabularies.unesco.org/thesaurus/concept4466 [http] ,Distribution of income ,id.loc.gov/authorities/subjects/sh85002484 [http] ,id.loc.gov/authorities/subjects/sh2007100826 [http] ,Política agraria ,Agrarian policy ,Epidemic diseases ,vocabularies.unesco.org/thesaurus/concept1906 [http] ,Business and International Management ,Epidemics ,Pandemics ,Pandemia ,Ayuda alimentaria ,Q18 Food policy ,Ayuda económica ,vocabularies.unesco.org/thesaurus/concept1915 [http] ,id.loc.gov/authorities/subjects/sh85040767 [http] ,Agricultura y estado ,C68 Computable general equilibrium models ,Política económica ,Distribución de la renta ,Economic balance ,Equilibrio (Economía) - Modelos econométricos ,Finance - Abstract
El objetivo de este artículo es evaluar el impacto económico de las políticas económicas enfocadas al sector agropecuario, decretadas por el gobierno colombiano en el marco del Estado de Emergencia Económica, Social y Ecológica con el fin de mitigar los efectos negativos de la pandemia COVID-19 en este sector. Utilizamos un modelo de equilibrio general computable, calibrado con una matriz de contabilidad social que se expandió para enfocarnos en algunos cultivos del sector agrícola, considerando además diferentes tamaños de las unidades de producción agrícola. Encontramos que, en general, este conjunto de políticas no tiene efectos adversos, pero aumenta la producción agrícola de las unidades que reciben los incentivos, especialmente de las unidades de producción pequeñas y medianas, lo que también aumenta la demanda de mano de obra no calificada, el ingreso disponible y el consumo de los hogares rurales a niveles pre-covid. Los resultados están condicionados a las opciones para financiar este conjunto de políticas. Además, dependiendo de la opción de financiamiento, la brecha de ingresos entre las áreas rurales y urbanas podría reducirse o ampliarse. The aim of this article is to evaluate the general economic impact of the policies focused on the agricultural sector decreed by the Colombian government within the State of Economic, Social, and Ecological Emergency to mitigate the negative effects of the COVID-19 pandemic on this sector. We use a computable general equilibrium model, calibrated with a social accounting matrix that was expanded to focus on specific crops and considered different sizes of agricultural production units. We find that, in general, this set of policies does not have adverse effects but increases the agricultural production of the units receiving the incentives, especially of small and medium-sized farms. In turn, they also increase the demand for unskilled labor, rural households’ disposable income, and consumption compared with pre-covid levels. The results are conditional on the options to finance this set of policies. Also, depending on the financing option, the income gap between rural and urban areas could either narrow or widen.
- Published
- 2022