Causal Link between Liberia’s Rice Imports and Income Changes

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dc.contributor.authorBilly, Abraham
dc.contributor.authorBonabana-Wabbi, Jackline
dc.contributor.authorLapaka Odong, Thomas
dc.date.accessioned2022-01-31T20:38:01Z
dc.date.available2022-01-31T20:38:01Z
dc.date.issued2018
dc.description.abstractLiberia’s inability to produce enough rice to feed its population has led to massive rice imports, a high import bill, a negative balance of payment, vulnerability to shock and political instability (such as the 1979 rice riot that degenerated into civil unrest and the current economic crisis), increased food insecurity and high rate of poverty, among other effects. However, the effect of these massive rice importations on the national income has not been established. This provoked the need to determine the casual link between the imported rice volumes and income. To achieve this, the study models secondary annual time series data on Liberia’s agriculture subsector from 1979 to 2011. The Johansen cointegration technique, Error Correction Model (ECM) and the Granger Causality tests are used to determine the causal link between rice imports and income changes. Liberia’s imported rice volumes are observed to be sensitive to income changes in both the short-run and long-run periods. Based on the causation between imported rice volumes and income changes, this study recommends that the domestic rice production be improved and commercialized.en_US
dc.identifier.citationBilly, A., Bonabana-Wabbi, J., & Odong, T. L. (2018). CAUSAL LINK BETWEEN LIBERIA’S RICE IMPORTS AND INCOME CHANGES.en_US
dc.identifier.urihttps://www.academia.edu/download/61055995/CAUSAL_LINK_BETWEEN_LIBERIAS_RICE_IMPORTS_AND_INCOME_CHANGES.ABRAHAM_BILLY201820191029-124239-131gmgt.pdf
dc.identifier.urihttps://nru.uncst.go.ug/xmlui/handle/123456789/1705
dc.language.isoenen_US
dc.publisherAgricultural and Environmental Sciencesen_US
dc.subjectRiceen_US
dc.subjectLiberiaen_US
dc.subjectIncomeen_US
dc.subjectCausalityen_US
dc.titleCausal Link between Liberia’s Rice Imports and Income Changesen_US
dc.typeArticleen_US
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