Food Wastage, Poverty and Economic Growth

Volume 6, Issue 5, October 2021     |     PP. 114-123      |     PDF (511 K)    |     Pub. Date: October 24, 2021
DOI: 10.54647/economics79265    74 Downloads     5565 Views  

Author(s)

Jayadevan CM, UNE Business School, University of New England, ARMIDALE NSW 2351, Australia

Abstract
This paper attempts to identify the impact of food wastage on economic growth using the data for 165 countries over the 2014-2018 period. With the help of ordinary least squares (OLS) and generalized linear model (GLM), the study shows that food wastage and poverty impact GDP growth negatively. Poverty and food wastage are positively related. Reducing food wastage can lead to poverty reduction, and that can stimulate GDP growth. Take measures to reduce food wastage, especially in middle-income countries where the undernourishment rate is high. Reduce food wastage in various stages of production, distribution, and transporting with innovative technology.

Keywords
Poverty, food, wastage, growth, glm

Cite this paper
Jayadevan CM, Food Wastage, Poverty and Economic Growth , SCIREA Journal of Economics. Volume 6, Issue 5, October 2021 | PP. 114-123. 10.54647/economics79265

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