The role of foreign capital and economic freedom in sustainable food production: Evidence from DLD countries.

ABSTRACT: In many developing countries, the deficiency in public and private investment has resulted in lower growth rates and stagnation in productivity. The need for a new paradigm of foreign investment and aid in agricultural production is becoming exigent in developing countries. Given the decline in per capita arable land, the rise in production costs, and the increase in population and urbanization, major changes in agriculture have been proposed to boost agricultural production. This present study endeavours to contribute to the existing literature by proving whether foreign capital and economic freedom could catapult food production into the much-anticipated growth. In that regard, we performed GLS with correlated disturbances, system GMM dynamic panel data estimators and D-H causality test.

SUBMITTER: Ding G 

PROVIDER: S-EPMC8312926 | biostudies-literature | 2021

REPOSITORIES: biostudies-literature