Food Security and Economic Growth: An Income Level Comparison
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Copyright (c) 2021 Domicián Máté, Dr. Novotny Ádám
This work is licensed under a Creative Commons Attribution 4.0 International License.
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Accepted 2021-04-25
Published 2021-05-13
Abstract
Food security is a fundamental but often neglected aspect of economic growth and sustainable development. This paper examines the effect of food security on productivity (GDP/capita) over time, while taking the income level of various countries into account. Dynamic panel regression analyses suggest that food security is positively related to productivity, but this effect is stronger in more developed countries. The study highlights the complexity of the economic problems faced by the least developed countries, where increasing the consumption and supply of food is insufficient for significantly increasing economic performance.