Theoretical and Applied Economics
No. 2 / 2020 (623), Summer
Does the agriculture value-added contribute to the economic growth in 30 African countries?
Center University of Maghnia, LEPPESE Laboratory, Tlemcen, Algeria
Abdelkader SAHED
Center University of Maghnia, LEPPESE Laboratory, Tlemcen, Algeria
Khayereddine Salim ADDA
Abou Bekr Belkaid University, POLDEVA Laboratory, Tlemcen, Algeria
Asma Hadjira SEBBANE
Abou Bekr Belkaid University, MIFMA Laboratory, Tlemcen, Algeria
Abstract. Not a long ago, the agriculture sector was the main pillar of any economy in the world. It not only provides food production, but it participates to the expansion of the economic growth as well. In this paper, we shall try to investigate the relationship between agriculture sector and economic growth for 30 African countries over the period of 1980-2017 with individual and temporal fixed-effect panel model and panel cointegration. We found with Pedroni and Westerlund tests that we have not a cointegration relationship between variables; hence we cannot estimate the long-run panel model. Therefore, we only estimated the panel model with individual and temporal fixed-effect, then we established that the two variables of economic openness relied to agriculture sector are positive, but insignificant, while the variable of the agriculture value-added was positive and statically accepted at the level of 1%, and the coefficient of the labour force in the agriculture sector appears negative and insignificant. The panel Granger causality showed that there is bidirectional causality between agricultural raw materials exports and imports, and the causality of Dumitrescu and Hurlin established that there are several causalities.
Keywords: agriculture; economic growth; African countries; individual and temporal fixed-effect panel model; panel cointegration; panel Granger causality, Dumitrescu and Hurlin causality.
Contents
- Mathematical model used
in substantiating optimal contract
Constantin ANGHELACHE
Dumitru MARIN
Dana Luiza GRIGORESCU
- Migration, economic causes and decisions
Mircea Constantin ȘCHEAU
Ștefan Zaharie POP
Andreea Valentina ȘOIMU
- The voluntary pension funds – a viable solution to supplement
the pensioners' incomes
Mădălina-Gabriela ANGHEL
Dragoș Alexandru HAȘEGAN
- An approach to measuring credit risk
in a banking institution from Romania
Nora CHIRIȚĂ
Ionuț NICA
- Study on the evolution of tourism and perspectives
Ștefan Virgil IACOB
- Investigating personnel dynamics within SMEs:
A survey analysis for the case of Romania
Mădălina Ecaterina POPESCU
Larisa STĂNILĂ
Maria Denisa VASILESCU
- Banking sector and bank liquidity –
key actors within financial crises?
Dan Costin NIŢESCU
Florin Alexandru DUNĂ
Adriana Daniela CIUREL
- Existence of rewards for a sustainable enterprise
in the context of the human resources strategy
Constantin Ciprian IACOB
Nicolae MOROIANU
- Do export, financial development, and institutions
affect FDI outflows?
Insights from Asian developing countries
Pragyanrani BEHERA
Prajukta TRIPATHY
Bikash Ranjan MISHRA
- Are resources a curse or blessings?
Evidence from panel ARDL model
Shakti Mohan TANDI
Prajna Paramita MISHRA
- Tax structure and economic growth
in general category states in India:
A panel auto regressive distributed lag approach
Dillip Kumar MUDULI
Nityasundar MANIK
- Banking Sector Reforms and the Goals
of Nationalised Commercial Banks in India
Kubendran NARAYANASAMY
- Determinants of economic growth in India:
A time series perspective
Manoj Kumar DAS
Titiksha DAS
- Impact of credit guarantee on the output gap:
A panel data analysis of Asian sovereigns
Mohammad MUSTAFA
- Analyzing the robustness of ARIMA and neural networks
as a predictive model of crude oil prices
Sudhi SHARMA
Miklesh YADAV
- Does the agriculture value-added contribute
to the economic growth in 30 African countries?
Salah Eddine SARI HASSOUN
Abdelkader SAHED
Khayereddine Salim ADDA
Asma Hadjira SEBBANE