The linkage between population growth, GDP and food security in Oman: vector error correction model analysis

Devesh, Sonal and Abdullah, M. Asrul Affendi (2020) The linkage between population growth, GDP and food security in Oman: vector error correction model analysis. International Journal of Scientific & Technology Research, 9 (2). pp. 5345-5351. ISSN 2277-8616

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Abstract

The paper examines the determinants of food security in Oman during the period 1980-2017. It investigates the influence of population growth rate and GDP per capita on food import bill. Cointegration and vector error correction model (VECM) approach have been used to identify the long term and short-term relationship of food security determinants. The finding indicates that food security in Oman is positively influenced by the population growth rate and GDP/capita. The error correction term suggests that 98 percent of the total disequilibrium in food security was being adjusted every year which a fast adjustment is justifiable for an oil producing country.

Item Type:	Article
Uncontrolled Keywords:	Cointegration and Vector Error Correction Model; Food Security; Oman; Population growth
Subjects:	H Social Sciences > HD Industries. Land use. Labor > HD9000-9999 Special industries and trades
Divisions:	Faculty of Applied Science and Technology > Department of Postgraduate
Depositing User:	Miss Afiqah Faiqah Mohd Hafiz
Date Deposited:	05 Jan 2022 08:25
Last Modified:	05 Jan 2022 08:25
URI:	http://eprints.uthm.edu.my/id/eprint/5099

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