scholarly journals The Economic Impact of COVID-19 Outbreak on the Agriculture Sector

2020 ◽  
Vol 8 (1) ◽  
pp. 57
Author(s):  
Dwia Aries Tina Pulubuhu ◽  
Andi Alimuddin Unde ◽  
Suwandi Sumartias ◽  
Sudarmo Sudarmo ◽  
Seniwati Seniwati
Keyword(s):  
Economic Impact ◽  
Agricultural Sector ◽  
Short Note ◽  
Agricultural Commodities ◽  
Economic Sectors ◽  
Economic Issues ◽  
Agriculture Sector ◽  
The Government ◽  
The Impact ◽  
And Training

The COVID-19 pandemic in Indonesia began to be confirmed in early February 2020, it affects many various economic sectors, including agriculture. The COVID-19 created challenges for socio-economic issues. This short note focuses on the impact of COVID-19 outbreak on the agricultural sector. The COVID-19 outbreak had a wide-ranging impact, so that agricultural commodities continued to decline. The government's call to not leave the house resulted in many farmers not doing their activities so that it has an impact on declining farmers' income. The field officers also could not optimally carry out their work as a result the development of farming was not optimal. Various efforts have been made by the government to support the agricultural sector such as building e-marketing and training in processing yields for farmers.

scholarly journals Agriculture Sector Credit and Output Relationship in Nepal

2020 ◽  
pp. 33-53
Author(s):  
Arjun Kumar Dahal ◽  
Khagendra Kumar Thapa
Keyword(s):  
Commercial Banks ◽  
Agricultural Sector ◽  
Least Squares Method ◽  
Manufacturing Sector ◽  
Agriculture Sector ◽  
Industrial Sectors ◽  
Long Run ◽  
Integration Test ◽  
The Government ◽  
The Impact

Purpose: The purpose of this study is to find out the condition of priority of commercial banks to provide loans to the agricultural sector and to find the relationship and impact of agricultural loans to the agricultural GDP of Nepal. Objectives: This study aims to compare the condition of loan disbursements in agricultural and manufacturing sectors. It further aims to compare loan percent with growth and contribution to the GDP of the agricultural and industrial sectors and tries to show the impact of agricultural loans to the agricultural GDP of Nepal. Methods: It was based on a descriptive and analytical research design. Statistical tools standard deviation, correlation, regression, etc. are used and Excel, and EViews software are used for the statistical calculations. Statistical calculations and graphs are simultaneously used to show and compare the condition of variables. Results: Commercial banks give higher priority to the manufacturing sector for loans than the agricultural sector. The Johansen Co-integration test indicates no long-run relationship between loans of commercial banks and agricultural output in Nepal. However, the least-squares method, it indicates that a positive causal relationship between agricultural loans and agricultural growth. Implications: The loans of commercial banks directly stimulate the growth of agriculture but the amount of growth is less noticeable. Thus, it is concluded that the commercial bank's loan alone cannot affect and control the growth of the agricultural sector of the Nepalese economy therefore the government should increase its expenditure on the agricultural sector.

scholarly journals ​Impact of COVID-19 Lockdown on Indian Agriculture: A Review

2021 ◽  
Author(s):  
Sonia Goel ◽  
Mohinder Singh ◽  
Anshul Phaugat ◽  
Sapna Grewal ◽  
Mukesh Goel ◽  
...  
Keyword(s):  
Urban Areas ◽  
Agricultural Sector ◽  
Industrial Sector ◽  
Economic Implications ◽  
Informal Workers ◽  
Agriculture Sector ◽  
New Challenges ◽  
Direct Loss ◽  
The Government ◽  
The Impact

More than 10 million laborer have been displaced from their usual workplaces during the suddenly announced lockdown by the government of India in 2020 in order to prevent and control the spread of one of the deadliest diseases of our times namely; COVID 19, popularly known as Sars Corona Virus in March - June 2020; as per the official figures provided by the GOI. There has not been a single sector that remained unaffected from the devastating impacts of COVID-19, not even agriculture. The impact of lockdown on agriculture is hard to measure as it involves a complex relationship between multiple direct and indirect factors like labour availability, lack of supply of raw materials from the agro-industrial sector etc. The lockdown period created severe economic implications (negative) for farmers (small, marginal and large), landless laborer and all the other agricultural stakeholders who had to face new challenges for earning their livelihood. The direct loss to the agriculture sector was estimated to multi-corers by various government officials while the indirect losses may be many folds of the direct loss. The marginal income of laborers in the agriculture sector was believed to be coming close to zero due to lockdown conditions. In addition to this, smart investments, improved technologies and standardized model frameworks must be designed for the agriculture sector to combat the COVID 19 impact. The current analytical review is focused on all the major factors associated with the agriculture sector that have been highly impacted by the COVID-19 pandemic, ranging from production, storage to procurement and selling. The lockdown has choked off almost all economic activities. In urban areas, COVID-19 forced widespread loss of jobs and incomes for informal workers. Estimated by the Centre for Monitoring Indian Economy, unemployment shot up from 8.4% in mid-March to 23% in the first week of April 2020 further soaring to 30.9% by the end of April, 2020. We have also looked into the possible strategies that can be taken into consideration by the government as well as those associated with the agricultural-food sector. This pandemic has emerged several new challenges to the agricultural sector but has given us time to think and strategize things for better management in future. Suggestions have also been made to adopt alternate approaches and work in this newly created world with the ability of better resource handling.

scholarly journals A STUDY ON SIGNIFICANT INFLUENCE OF E-COMMERCE ADOPTION IN AGRICULTURAL SECTOR THROUGHOUT THE COVID-19: BENEFITS AND LIMITATIONS

2021 ◽  
pp. 38-50
Keyword(s):  
Data Analysis ◽  
Significant Influence ◽  
Agricultural Sector ◽  
The Internet ◽  
Health Crisis ◽  
Agriculture Sector ◽  
The People ◽  
Agricultural Business ◽  
The Government ◽  
The Impact

Agriculture is the solution to the overall development of any country. The internet lasts to become more widespread among people who transact with the agricultural business of any type. The incomplete health crisis about COVID 19 has affected all communities Frontline Health Responders are a priority for countries in saving the lives of the people suffering from this disease. The government has taken action since the Coronavirus hit created an extraordinary situation. India initially announced a three-week nationwide lockdown until the middle of April, after that was extended to achieve satisfactory control of the virus outbreak. In these tough times how Indian farmers react to the crisis and the actions taken by the government to help farmers across the country. The main objective of the study is to analyze the impact of e-commerce on the agricultural sector throughout the Covid 19 pandemic. The study employs samples from farmers of the Warangal and Nalgonda districts. The purpose of the study is to examine the E-commerce sources selected for the agriculture sector and Reasons for using e-commerce in the agriculture and Overall satisfaction on utilization of e-commerce in agriculture sector throughout covid-19. The result reveals that farmers started benefiting from the use of e-commerce in their agriculture. The findings of the study suggest that government should take little more initiation in training and supplying them with agricultural inputs with subsidies. The study briefly explains the Objectives, Hypothesis, Data analysis, Impact, Role, Benefits, and Limitations of E-Commerce in the agricultural sector throughout covid-19.

Technological Innovation and the Agricultural Sustainability

2016 ◽  
Vol 7 (2) ◽  
pp. 1-14
Author(s):  
Rachida Khaled ◽  
Lamine Hammas
Keyword(s):  
Technological Innovation ◽  
Energy Production ◽  
Agricultural Sector ◽  
Negative Impact ◽  
Agricultural Productivity ◽  
Agricultural Sustainability ◽  
Net Income ◽  
Agriculture Sector ◽  
The Impact

The diffusion of the technological innovation can affect the agricultural sector in the three-sided (social, economic and environmental), a hand, it can contribute to solve problems of the agricultural sector: the effects of the climatic changes, the farming exodus and the migration and the problems of poverty and it can improve the agricultural productivity. But on the other hand, he can lead to new problems, such as depletion of energy resources caused by excessive use of energizing technologies, pollution of air and water and the destruction of soil by industrial waste. This paper aims to theoretically and empirically analyze the role of technological innovation in improving agricultural sustainability through the impact of mechanization on agricultural productivity, energy production and net income per capita for a panel of three Maghreb countries (Algeria, Morocco and Tunisia) during the period 1997-2012. By using simultaneous equations, the authors' finding that technological innovation cannot achieve the purpose of sustainable development in the agriculture sector in the Maghreb countries through the negative impact of mechanization and research and development on agricultural productivity.

An Analysis of Agriculture Sector of Inclusive Growth in India

2021 ◽  
Vol 8 (4) ◽  
pp. 83-90
Author(s):  
P Chennakrishnan ◽  
D Thenmozhi
Keyword(s):  
Labor Force ◽  
Agricultural Sector ◽  
Human Being ◽  
Inclusive Growth ◽  
Rural Infrastructure ◽  
Indian Economy ◽  
Agriculture Sector ◽  
Service Sectors ◽  
Independence Era ◽  
The Government

Agriculture remains the dominant supporter of the Indian populace. The thriving industry and service sectors depend on the agricultural sector for their development. The inter-linkage among the three sectors could not be undermined at any cost. It is the massive absorbent of the labor force even though the disguised unemployment exists in varied magnitude. The share of agriculture to the GDP has come down from 57.7% in 1950-51 to 32.2% in 1990-91 at the time of liberalization, 24.6% in 2000-2001, 15.7% in 2009-2010 then 17%. In the post-independence era, stagnant production, low productivity, traditional technology, and poor rural infrastructure were the major challenges for the Government. India is principally an agricultural country. The agriculture sector estimates 18.0% of the GDP and employs 52% of the total workforce. There is a continuous steady decay in its presence towards the GDP, and the agriculture sector is losing its shine and anchor position in the Indian economy. The problems with which the Indian agricultural scenario is charged in present times are many. Still, this in no way undermines the interest of the sector and the role it can play in the holistic and inclusive growth of the country. Agriculture is fundamental for the sustenance of an economy, as is food for a human being.

THE IMPACT OF RESEARCH AND DEVELOPMENT INVESTMENT ON AGRICULTURAL SECTOR PERFOMANCE IN KENYA

2017 ◽  
Vol 2 (1) ◽  
pp. 34-57
Author(s):  
John Githii Kimani ◽  
Dr. George Ruigu Ruigu
Keyword(s):  
Research And Development ◽  
Agricultural Sector ◽  
Research Policy ◽  
Trade Openness ◽  
Policy And Practice ◽  
Long Run ◽  
Short Run ◽  
The Government ◽  
Parsimonious Model ◽  
The Impact

Purpose: The purpose of the study was to assess the impact of research and development investment/expenditure on the agricultural sector performance in Kenya.Methodology: The study took the peoples impact assessment direction. The data for this study was collected from various government agencies such as KARI, ASTI, Kenya Agricultural Sector Data compendium website, FAOSTAT, World Bank among others. Co-integration and error correction modeling methods were used in analyzing the data for this study.Results: Co-integration results for both the parsimonious and non-parsimonious model indicated that that there is a long-run relationship among the variables in the agriculture performance in Kenya. Further, findings in this study indicated that the variables under study were insignificant determinants of the long run Total Factor Productivity of the agricultural sector.  Meanwhile, Trade openness was the only significant determinant of the short run agricultural Total Factor Productivity.Unique Contribution to Policy and Practice: This study recommends the institutionalization of policies aimed at ensuring interaction between the various stakeholders in the agricultural sectors. This interaction will ensure that resources are better allocated to reduce duplication of research and dissemination activities. In addition, greater collaboration among the stakeholders will promote and strengthen the connection between research, policy and the application of research findings. The study further advocates that the government should follow a trade liberazation oriented approach to the agricultural sector as opposed to a trade tightening approach.

scholarly journals Economic aspects of lfa and organic farming payments in Latvia

2014 ◽  
Vol 36 (3) ◽  
pp. 679-687
Author(s):  
Armands Veveris ◽  
Peteris Lakovskis ◽  
Elita Benga
Keyword(s):  
Economic Impact ◽  
Organic Farming ◽  
Agricultural Production ◽  
Agricultural Sector ◽  
Public Funding ◽  
Support Service ◽  
Income Growth ◽  
Economic Aspects ◽  
Direct Payments ◽  
The Impact

Less favoured area (LFA) payments and organic farming (OF) payments represent a third of all public funding available for RDP 2007–2013 in Latvia and are used by about two- thirds of all farms. The aim of the study is to assess the economic impact of LFA and OF payments. The data from Rural Support Service, FADN and statistics of agricultural sector were used to conduct the study. A group of farms receiving support payments was compared with a group without this kind of support, in order to evaluate the impact of support payments. The results show that LFA payments have facilitated a significant income growth, especially for small farms. They have also contributed to more intense use of the land. Since OF support has not contributed enough to the agricultural production, direct payments to production will increase economic impact of support payments.

scholarly journals Policies supporting for agricultural cooperatives in Vietnam: An experience from agricultural cooperatives in the Red River Delta

2021 ◽  
Vol 25 ◽  
pp. 126-133
Author(s):  
Hai Ninh Nguyen Thi
Keyword(s):  
Agricultural Sector ◽  
River Delta ◽  
Red River ◽  
Primary Data ◽  
Agricultural Cooperatives ◽  
Red River Delta ◽  
Farm Land ◽  
Advantages And Disadvantages ◽  
The Government ◽  
The Impact

Agricultural cooperatives have been established in Vietnam since the 1950s. During its development, agricultural cooperatives have made significant contributions to the growth of agricultural sector and to the improvement of farmers' income who are members of the cooperatives. Since Vietnam implemented the "Innovation-Doi moi" in 1986, the Government has continued to issue many policies to support for agricultural cooperatives. However, the impact of these policies on the development of almost all agricultural cooperatives has not been as expected. This paper aims to analyze the implementation of several policies supporting for agricultural cooperatives; to identify advantages and disadvantages of these policies; and to propose solutions for improving policies in the furture. In addition to secondary data from the Vietnam Cooperative Alliance, this paper uses primary data collected from 60 agricultural cooperatives in the Red River Delta to analyze the implementation of policies on cooperative staffs training, cooperative finance supporting, and cooperative land supporting. Bascially, the results show that the policy on training cooperative staff is quite well implemented, it helps to improve the capacity of cooperative managers in all surveyed cooperatives. In contrast, the finance supporting policy has many regulations that make it difficult for agricultural cooperatives to access capital, only nearly 30% of surveyed cooperatives get loans for production. Similarly, the land supporting policy also has unreasonable regulations which prevent agricultural cooperatives from scaling-up production because of the lack of farm-land. Consequently, about 60% of surveyed cooperatives are supported to rent farm-land for expanding agricultural production.

scholarly journals Assessing the impact of explosive eruptions of Fogo volcano (São Miguel, Azores) on the tourism economy

2021 ◽  
Vol 21 (1) ◽  
pp. 417-437
Author(s):  
Joana Medeiros ◽  
Rita Carmo ◽  
Adriano Pimentel ◽  
José Cabral Vieira ◽  
Gabriela Queiroz
Keyword(s):  
Economic Impact ◽  
Economic Loss ◽  
Volcanic Hazards ◽  
Plinian Eruption ◽  
Explosive Eruptions ◽  
Density Currents ◽  
Economic Sectors ◽  
Worst Case ◽  
The Impact ◽  
Fogo Volcano

Abstract. The Azores are an active volcanic region that offers exceptional conditions for nature-based tourism, one of the main axes of economic growth in the archipelago. A future volcanic eruption may have long-term consequences to this economic sector. Therefore, it is fundamental to assess its vulnerability to volcanic hazards in order to try to mitigate the associated risk. This study proposes a new approach to assessing the economic impact of explosive eruptions on the tourism sector. We considered two eruptive scenarios for Fogo volcano (São Miguel Island), the most probable (Volcanic Explosivity Index, VEI, 4 sub-Plinian eruption) and the worst-case (VEI 5 Plinian eruption), both producing tephra fallout and pyroclastic density currents. The results of numerical simulations were overlaid with tourism-related buildings and infrastructure of Vila Franca do Campo municipality to identify the elements at risk. The loss present value method was used to estimate the benefits generated by the accommodation units over 30 years for different economic scenarios. The assessment of the economic impact using 2018 indicators reveals that in a near-total-destruction scenario, the economic loss is approximately EUR 145 million (considering a 2 % discount rate). This approach can also be applied to other volcanic regions, geologic hazards and economic sectors.

Short Note: Rape A Consequence of Covid-19 Quarantine on Children and The Elderly: A Call for Action

2021 ◽  
Vol SI ◽  
pp. 85-95
Author(s):  
Grace Emmanuel Kaka ◽  
Muhamad Helmi Md Said ◽  
Shahrul Mizan Ismail
Keyword(s):  
Domestic Violence ◽  
Short Note ◽  
The Elderly ◽  
Online News ◽  
News Reports ◽  
High Prevalence ◽  
The Government ◽  
Good Policy ◽  
Novel Coronavirus ◽  
The Impact

The novel coronavirus (Covid-19) led to a shift in the social structure of global cities leading to self-isolation and social/physical distancing to curb the spread of the virus. While these two are stand as good policy, they are greeted by domestic violence and rape as the most prevalent consequences. The researchers examined the impact of lockdown on domestic violence in Nigeria based on frequency of news reports using content analysis of two online news reports and discovered a high prevalence of rape on children (0 - 17 years) and elderly (60 years and above). Hence it is suggested that the government should always be prepared for emergencies. Also, future polices should consider the interest of the most vulnerable in the society by providing safety measures.

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