An econometric study of the number of undernourished people in Colombia from 2000 to 2021
DOI:
https://doi.org/10.18041/1900-3803/entramado.2.9631Keywords:
Undernourished, Gross domestic product per capita, Unemployment, Inflation, Food (in)security, Macroeconomic indicatorsAbstract
The importance of food (in)security has been one of the United Nations Sustainable Development’s main goals. Over 828 million people worldwide cannot acquire enough food to meet the minimum daily dietary energy requirements (undernourished). Therefore, the present study examines the factors that affect the number of undernourished people in Colombia by assessing macroeconomic data for the period 2000-2021 including gross domestic product (GDP) per capita, unemployment, and inflation rates. A quantitative, empirical, correlation design was used to examine and describe the relationship among the variables. The findings showed that the proposed variables presented the correct signs, were statistically significant, and were in line with the economic theory. Thus, the study concluded that although income shocks brought on by inflation and unemployment undoubtedly impact household food (in)security, other factors must also be considered for policy and practice to effectively reduce food insecurity for households.
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