Agricultural Growth and Poverty Alleviation: Empirical Evidence from 34 African Countries Using System Dynamic Panel Data Estimations

Author(s)

Enock Darkwah , Huang Qifa , Yvonne Rommel Anselim ,

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Volume 8 - October 2019 (10)

Abstract

Agriculture is the backbone of every economy as every country feeds on its natural produces. However, if a country will progress then much effort should be channeled into agriculture in order to feed the industrial sector to add value to them. On this tenet, the study aims to assess the impact that agricultural growth has on poverty alleviation in Africa. The data used for the study were sourced from 1996 to 2017, a panel of 34 African countries. In a panel study, system dynamic panel data estimation method was used in its analysis and the results confirm that agricultural growth positively and consistently impacts poverty alleviation. Moreover, governments’ effectiveness in making good policies and providing sound intervention to propagate economic growth will positively reduce poverty

Keywords

Agricultural growth; Poverty alleviation; Africa; System dynamic panel data estimations; Homogeneous causality 

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