An analysis of short-run response of export and domestic agriculture in sub-Saharan Africa

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dc.contributor.authorAboagye, A.Q.
dc.contributor.authorGunjal, K.
dc.date.accessioned2019-02-21T12:27:41Z
dc.date.available2019-02-21T12:27:41Z
dc.date.issued2000-02
dc.description.abstractShort-run responses of export and domestic shares of total agricultural output to changes in stocks of domestic savings (SAV), development assistance (ODA), private foreign commercial capital (PFX) and other variables is investigated. A profit function approach is used. Time series data for 19 sub-Saharan African countries are pooled into three panels using similarities in changes in economic policy regime. Statistical evidence suggests that for the panel of countries that were undertaking liberalized economic reforms, the slope coefficients of some of the variables in the models have changed significantly between 1970-1980 and 1981-1993. For the 1981-1993 period, the impacts of ODA, PFX and SAV on export and domestic shares were different for this panel. The effect of increases in agricultural labor was different across the three panels. There is also evidence that productivity growth in the export agriculture sub-sector is negative in all the groups. It is recommended that to halt the decline in export share of agricultural output in the group of countries that have undertaken substantial improvements in economic policy environment, efforts must be made to reduce the negative impact of domestic savings and agricultural labor, while at the same time working to reduce the bias of development assistance against food security. (C) 2000 Elsevier Science B.V.en_US
dc.identifier.otherVolume 23, Issue 1,Pages 41-53
dc.identifier.otherhttps://doi.org/10.1016/S0169-5150(00)00056-6
dc.identifier.urihttp://ugspace.ug.edu.gh/handle/123456789/28078
dc.language.isoenen_US
dc.publisherAgricultural Economicsen_US
dc.subjectDomestic savingsen_US
dc.subjectExport and domestic shares of agricultural outputen_US
dc.subjectOfficial development assistanceen_US
dc.subjectPanel dataen_US
dc.subjectPrivate foreign commercial capitalen_US
dc.subjectProfit functionen_US
dc.titleAn analysis of short-run response of export and domestic agriculture in sub-Saharan Africaen_US
dc.typeArticleen_US

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