Poverty and Agriculture in Southern Africa Revisited: A Panel Causality Perspective

BEKUN F. V., Akadiri S. S.

SAGE Open, cilt.9, sa.1, 2019 (SSCI) identifier

  • Yayın Türü: Makale / Tam Makale
  • Cilt numarası: 9 Sayı: 1
  • Basım Tarihi: 2019
  • Doi Numarası: 10.1177/2158244019828853
  • Dergi Adı: SAGE Open
  • Derginin Tarandığı İndeksler: Social Sciences Citation Index (SSCI), Scopus
  • Anahtar Kelimeler: agricultural development, panel cointegration, panel Granger causality, poverty reduction, Southern Africa
  • İstanbul Gelişim Üniversitesi Adresli: Evet

Özet

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.