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Economic Contribution Of Agriculture And Food To Arkansas’ Gross Domestic Product 1997-2020, Leah English, Jennie Popp, Wayne Miller
Economic Contribution Of Agriculture And Food To Arkansas’ Gross Domestic Product 1997-2020, Leah English, Jennie Popp, Wayne Miller
Research Reports and Research Bulletins
Agricultural production, processing, and retail industries are major contributors to Arkansas’ GDP. Agriculture contributes to the state economy through direct agricultural production, value-added processing, and agricultural retail activities. The Agriculture and Food Sector, which is comprised of agricultural production, processing, and retail industries, promotes economic strength through various interactions with other industries. The use of non-agricultural goods and services as inputs into the agricultural sector promotes diversified growth in Arkansas’ economy and thus plays a vital role in maintaining economic stability throughout the state. This report 1) compares the relative size of the Agriculture and Food Sector in Arkansas with …
International Rice Outlook: International Rice Baseline Projections 2020-2030, A. Durand-Morat, S. Bairagi
International Rice Outlook: International Rice Baseline Projections 2020-2030, A. Durand-Morat, S. Bairagi
Research Reports and Research Bulletins
The coronavirus (COVID-19) pandemic and subsequent lockdowns impacted all economies worldwide and created an economic recession far graver than the Great Recession, contracting the global growth of gross domestic product (GDP) nearly by 4.0% in 2020, compared to -2.0% in 2009 (IHS Markit database). COVID-19 disrupted global and local food supply chains, and resulted in a significant increase in food prices (FAO, 2021). Both global and domestic rice prices increased, driven primarily by temporary export restrictions imposed by several leading rice exporters, such as Vietnam and Myanmar. The market uncertainty also created in panic-buying and hoarding; consequently, the rice demand …