Comparative Evaluation of Agricultural Subsidies and Their Macroeconomic Outcomes
DOI:
https://doi.org/10.69760/portuni.26050001Keywords:
Agricultural subsidies, macroeconomic outcomes, comparative analysis, economic policy, rural development, GDP growth, trade balance, fiscal efficiencyAbstract
Agricultural subsidies have long served as pivotal instruments in shaping national agricultural policies and fostering economic growth. However, their macroeconomic outcomes remain debated across differing national contexts. This study conducts a comparative evaluation of agricultural subsidy programs in selected countries, analyzing their impacts on macroeconomic indicators such as GDP growth, employment, trade balance, and rural development. Utilizing a combination of econometric analysis and case study comparisons, the research reveals complex interactions between subsidy structures and economic outcomes. The findings suggest that while well-targeted subsidies can bolster rural economies and stimulate growth, poorly designed programs may distort markets and yield limited macroeconomic benefits. The paper concludes with policy recommendations for optimizing subsidy frameworks to maximize positive economic impacts.
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