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Food insecurity,income inequality,and the changing comparative advantage in world agriculture
Authors:Keijiro Otsuka
Affiliation:National Graduate Institute for Policy Studies, , Minato‐ku, Tokyo, 106‐8677 Japan
Abstract:I would like to argue in this article that in the process of economic development in land‐poor countries in Asia, agriculture faces three distinctly different problems: food insecurity, sectoral income inequality, and the declining food self‐sufficiency associated with the declining comparative advantage in agriculture at the high‐income stage. Massive imports of food grains to Asia, if they occur, will aggravate the world food shortage, which will have significant implications for the poverty incidence in the world. I argue that in order to avoid such a tragedy, Asia should expand farm size to reduce labor cost by adopting large‐scale mechanization, sub‐Saharan Africa should realize a green revolution in grain production, and Latin America should further expand its grain production capacity.
Keywords:Food insecurity  Income inequality  Comparative advantage  Green revolution  Farm size  Mechanization  Q12  Q13  Q15  Q16  Q17
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