Table 4 Effectiveness of agricultural adaptation aid with controls and in sub-samples of countries with different climate vulnerability and readiness
TFP (log) | Entire sample | High vulnerability, low readiness | High vulnerability, high readiness | Low vulnerability, high readiness | Low vulnerability, low readiness |
|---|---|---|---|---|---|
(1) | (2) | (3) | (4) | (5) | |
Agricultural aid (log, 2-year lag) | 0.008* | 0.011* | 0.042*** | − 0.001 | 0.038** |
(0.005) | (0.01) | (0.01) | (0.01) | (0.02) | |
Broad money (log, 2-year lag) | 0.114*** | 0.150*** | 0.232** | 0.145** | 0.121 |
(0.03) | (0.04) | (0.11) | (0.06) | (0.19) | |
Food consumer price index (log, 2-year lag) | 0.025 | − 0.141*** | − 0.371** | 0.072 | 0.143 |
(0.029) | (0.04) | (0.19) | (0.05) | (0.11) | |
Temperatures (log) | 0.112*** | 0.466 | 3.376* | 0.098*** | − 0.413 |
(0.024) | (0.63) | (1.99) | (0.02) | (0.47) | |
Precipitations (log, 1-year lag) | − 0.02 | 0.07 | 0.175 | − 0.04 | − 0.113 |
(0.025) | (0.05) | (0.13) | (0.03) | (0.12) | |
Political stability (2-year lag) | 0 | 0.015 | 0.015 | − 0.03 | 0.039 |
(0.011) | (0.02) | (0.05) | (0.02) | (0.07) | |
Remittances (log, 2-year lag) | -0.012 | − 0.001 | 0.056* | 0.09 | − 0.158 |
(0.014) | (0.02) | (0.03) | (0.06) | (0.11) | |
Trade openness (log, 2-year lag) | -0.005 | − 0.064*** | − 0.188* | 0.053 | − 0.146 |
(0.015) | (0.02) | (0.11) | (0.05) | (0.15) | |
Country FE | Yes | Yes | Yes | Yes | Yes |
Time FE | Yes | Yes | Yes | Yes | Yes |
Under identification | 61.41 | 15.94 | 6.35 | 15.13 | 4.73 |
Weak identification | 145.22 | 33.09 | 17.19 | 24.96 | 9.16 |
N | 943 | 340 | 125 | 338 | 133 |