The paper examines the determinants of food security in Oman during the period 1980-2019. It investigates the influence of population growth rate and GDP per capita on food security. Cointegration and vector error correction model (VECM) approach are used to identify the long term and short term relationship of food security determinants. The results confirm the existence of a long run relationship among the determinants of food security. Further this linkage indicates that food security in Oman is positively influenced by the population growth rate and GDP/capita(current). The error correction term suggests that 51.7 percent of the total disequilibrium in food security was being adjusted every year which is justifiable for an oil producing country.
The purpose of this paper was to economically analyze and examine the causal relationship between food import bill and certain economic indicators in Oman during the period 1980-2019. The vector error correction model was used to assess the dynamics of food import bill. The finding indicates that food import bill in Oman is positively influenced by the population growth rate, and the GDP per capita, while oil prices showed a negative impact on food import bill. The error correction term suggesting 64% of the total disequilibrium in food import bill will be adjusted every year for any shock, justifiable for a dynamic economy like Oman.
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