Contribution of Agriculture to the Economy of Limpopo Province
Majory O. Meliko and
Stephen A. Oni
No 96797, 2010 AAAE Third Conference/AEASA 48th Conference, September 19-23, 2010, Cape Town, South Africa from African Association of Agricultural Economists (AAAE)
Abstract:
Introduction - In this study, an input output table was developed which was used to examine the empirical evidence on the strength of agricultural growth multipliers, in the facets of income, output and employment. Of the nine production group studied, agriculture contributed directly and indirectly to the Limpopo Province economy in term of output (1.3481), income (0.0327) and employment (0.0524) multipliers and was ranked ninth in the former two and eighth in the latter. While trade services was ranked first in all three sets multipliers From the study, it was concluded that to reduce poverty, investment should be in the trade services sector as it gives more returns to money.
Keywords: International; Development (search for similar items in EconPapers)
Pages: 21
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaae10:96797
DOI: 10.22004/ag.econ.96797
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