Analysis of the impact of public investments on agricultural growth in the West African Economic and Monetary Union
by Ichaou Mounirou; Jérémie Yebou
International Journal of Agriculture Innovation, Technology and Globalisation (IJAITG), Vol. 1, No. 2, 2019

Abstract: This article aims to analyse the determinants of agricultural growth in the West African Economic and Monetary Union (WAEMU). Fixed effect panel models have been estimated. The sample used to assess these determinants covers eight African countries over the period 1961 to 2017. The estimation results indicate that agricultural public investments have a positive and significant impact on agricultural growth and this impact depends on the combination with other factors of agricultural growth. In addition, the findings shows that other factors such as producer cotton prices, rainfall, number of tractors and farm labour force also drive good agricultural growth. On the other hand, the quantities of urea, the production and cotton land use do not have a significant incidence on the agricultural growth of the zone. For an effective agricultural growth in this area, the adoption of chemical, mechanical and consequential agricultural investments is becoming imperative and a necessary and sufficient condition to boost a true green revolution. Moreover, our results suggest that the main channel for sustainable agricultural growth in the union is the combination of all factors of production.

Online publication date: Tue, 27-Aug-2019

The full text of this article is only available to individual subscribers or to users at subscribing institutions.

 
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.

Pay per view:
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.

Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Agriculture Innovation, Technology and Globalisation (IJAITG):
Login with your Inderscience username and password:

Username:        Password:          Forgotten your password?

Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.

If you still need assistance, please email subs@inderscience.com