Poverty and Agriculture in Southern Africa Revisited: A Panel Causality Perspective
Festus Bekun and
Seyi Akadiri ()
SAGE Open, 2019, vol. 9, issue 1, 2158244019828853
Abstract:
Agricultural advancement is considered a panacea for poverty reduction, particularly, in developing countries. This study empirically investigates the dynamic linkage between agricultural value added (AVA) and poverty reduction for a panel of nine countries in Southern Africa using a second-generation panel approach for the period 1990 to 2015. Empirical results show that agricultural development is necessary but not a sufficient policy to combat poverty as it is only viable in the short run. Thus, we suggest long-run economic programs and/or strategies that will complement agricultural development toward poverty alleviation to spur economic growth in the sampled region.
Keywords: poverty reduction; agricultural development; panel cointegration; panel Granger causality; Southern Africa (search for similar items in EconPapers)
Date: 2019
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Citations: View citations in EconPapers (21)
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Persistent link: https://EconPapers.repec.org/RePEc:sae:sagope:v:9:y:2019:i:1:p:2158244019828853
DOI: 10.1177/2158244019828853
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