nep-sea New Economics Papers
on South East Asia
Issue of 2012‒02‒08
four papers chosen by
Kavita Iyengar
Asian Development Bank

  1. Impact of Climate Change on Agricultural Production in Asian Countries: Evidence from Panel Study By Lee, Jaehyuk; Nadolnyak, Denis; Hartarska, Valentina
  2. The Flows of the Pacific: Asian foreign exchange markets through tranquility and turbulence By Dagfinn Rime; Hans Jørgen Tranvåg
  3. Economic Analysis of Strategies to Combat HLB in Florida Citrus By Salifu, Abdul; Grogan, Kelly; Spreen, Thomas; Roka, Fritz
  4. Innovation Systems and Technical Efficiency in Developing-Country Agriculture By Mekonnen, Dawit K.; Spielman, David J.; Fonsah, Greg

  1. By: Lee, Jaehyuk; Nadolnyak, Denis; Hartarska, Valentina
    Abstract: We analyze the impact of climate change on agricultural production in 13 Asian countries for 1998-2007 estimating country-level FE panel model using climate variables. Higher summer temperature and rainfall increase production, higher fall temperature decreases it in Southeast Asia, and increase in annual temperature decreases agricultural production in Asian countries.
    Keywords: climate change, production, food security, Asia, Environmental Economics and Policy, Food Security and Poverty, Production Economics,
    Date: 2012
  2. By: Dagfinn Rime (Norges Bank (Central Bank of Norway)); Hans Jørgen Tranvåg (Norwegian University of Science and Technology)
    Abstract: Using the longest data set on FX order flow to date, along with the broadest coverage of currencies to date, we examine the effect of FX order flow on exchange rates across small and large currencies, currencies with floating or fixed regimes, and across both tranquil and turbulent periods. Over our 15 years of data for eleven Asian and Australasian currencies, we find that order flow has a potentially strong impact on all exchange rates in the sample. The effect is strongest on floating exchange rates, both economically and statistically, but is sizeable also on the other exchange rates, especially during periods of turbulence. By creating a measure of regional order flow, we show that all exchange rates depreciate as flows are moved out of Asia/Australasia and into US dollars. This is true both across regimes and if their own flow is not included in the structure of the regional flow.
    Keywords: Order flow, microstructure, Asian and Australasian exchange rates, financial crises
    JEL: F31 G01 G15
    Date: 2012–01–11
  3. By: Salifu, Abdul; Grogan, Kelly; Spreen, Thomas; Roka, Fritz
    Keywords: citrus greening, huanglongbing, asian citrus psyllid, Crop Production/Industries, Resource /Energy Economics and Policy,
    Date: 2012
  4. By: Mekonnen, Dawit K.; Spielman, David J.; Fonsah, Greg
    Abstract: The paper uses a stochastic frontier analysis of production functions to estimate the level of technical efficiency in agriculture for a panel of 29 developing countries in Africa and Asia between 1994 and 2000. In addition, the paper examines how different components of an agricultural innovation system interact to determine the estimated technical inefficiencies. Results show that the mean level of technical efficiency among the sampled countries was about 86 percent, with some modest increases during the period in question. These results suggest that there is room for significant increases of production through reallocations of existing resources. Despite significant variation among countries, these results also indicate quite a number of least developed countries have high mean efficiency scores, implying a need to focus on investment that pushes the production frontier outward in these countries. Several measures of agricultural R&D achievement and intensity, along with educational enrollment, are found to enhance agricultural efficiency. On the other hand, countries with higher levels of official development assistance, foreign direct investment, and a greater share of land under irrigation are found to be performing poorly in their agricultural efficiency score.
    Keywords: agricultural innovation systems, technical efficiency, developing country agriculture, Agricultural and Food Policy, Crop Production/Industries, Food Security and Poverty, International Development, Production Economics, Productivity Analysis,
    Date: 2012–02

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