The Impact of Agricultural Exports on Economic Growth: New Evidence from Low Income Countries

Malek El Weriemmi and Sayef Bakari

MPRA Paper from University Library of Munich, Germany

Abstract: This study rigorously investigates the effect of agricultural exports on economic growth across 12 low-income countries—Burkina Faso, Burundi, Central African Republic, Ethiopia, Gambia, Madagascar, Mali, Niger, Rwanda, Sudan, Togo, and Uganda—during the period from 2004 to 2023. Employing an advanced gravity model with both fixed and random effects, the analysis aims to discern the nuanced impact of agricultural exports on economic growth. The model is designed to account for various control variables, including capital, labor, other exports, and imports, to ensure a precise measurement of the agricultural export variable's influence. By integrating these controls, the study seeks to provide a comprehensive understanding of how agricultural exports contribute to economic development in these countries, highlighting both direct and indirect effects within the broader economic context.

Keywords: Agricultural Exports; Economic Growth; Static Gravity Model; Low-Income-Countries. (search for similar items in EconPapers)
JEL-codes: F11 F13 F14 F43 O47 Q17 Q18 (search for similar items in EconPapers)
Date: 2024
New Economics Papers: this item is included in nep-agr and nep-int
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:121631

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