scholarly journals Infrastructural Development, Agricultural Output and Employment in ECOWAS Countries

Author(s):  
Richardson Edeme ◽  
Janefrancis Idenyi

Data from 15 ECOWAS countries from 2000-2017 were generated from World Development Indicators and Africa Infrastructure Development Index. Variables of concern are agricultural output, agricultural sector employment, access to electricity, transport, ICT, agricultural land, economic growth and FDI.

2019 ◽  
Author(s):  
Richardson Edeme ◽  
Janefrancis Idenyi

Data from 15 ECOWAS countries from 2000-2017 were generated from World Development Indicators and Africa Infrastructure Development Index. Variables of concern are agricultural output, agricultural sector employment, access to electricity, transport, ICT, agricultural land, economic growth and FDI.


2019 ◽  
Vol 11 (2) ◽  
pp. 41-48
Author(s):  
Santun R P Sitorus ◽  
Riezkiana Putri ◽  
Dyah R Panuju

Land conversion is a term that describes phenomenon of changing land-use from one to other uses permanently. Factors closely associated with land conversion were population growth, economic, and infrastructure development. This study aims are: (1) to determine rate and pattern of farmland conversion in Tangerang District, (2) to know growth rate of population density, economic growth, and development of Tangerang District, and (3) to determine factors affecting conversion of agricultural land in Tangerang District. Land conversion in Tangerang District caused areas of agricultural land decreased 2.4% per year. The agricultural lands were converted into built land. Population density grew unevenly in Tangerang District. The highest population density growth rate occurred ( during 1997-2007 ) in Pasar Kemis (19% ) and Kronjo faced the lowest rate (0.2%). The economic growth rate in the Tangerang District can be seen from the 1997-2007 Gross Regional Domestic Product (GRDP) Tangerang District. In general, service sector has the highest growth rate (3.9%) followed by industrial sector (0.9%) and agriculture sector (0.6%). Meanwhile, mining sector decreased by 4.1% per year. Level of development in Tangerang District analyzed with scalogram shows that in 2003 most of the villages (60.98%) were on 3rd hierarchy, while the rest on 2nd hierarchy (30.18%) and 1st hierarchy (8.84%). In the year 2006, there were an increase in number of villages on 2nd hierarchy and a decrease in number of villages on 3rd hierarchy, while the number of villages on 1st hierarchy were the same. Factors with highly significant (p-level <0.05) influencing agricultural land conversion were GRDP growth of services sector, GRDP of agricultural sector, GRDP of manufacturing industry, educational facilities, economic facilities, accessibility to health facilities, and accessibility to government centre, whereas accessibility to educational facilities was the significant factor (p-level <0.1).


2020 ◽  
Vol 5 (1) ◽  
pp. 817-825
Author(s):  
Susanna L. Middelberg ◽  
Pieter van der Zwan ◽  
Cobus Oberholster

AbstractThe Zambian government has introduced the farm block development programme (FBDP) to facilitate agricultural land and rural development and encourage private sector investment. This study assessed whether the FBDP achieves these goals. Key obstacles and possible opportunities were also identified and, where appropriate, specific corrective actions were recommended. Qualitative data were collected through semi-structured interviews conducted in Lusaka with various stakeholders of the FBDP. The FBDP is designed to facilitate agricultural land development and encourage private sector investment. However, the programme falls far short in terms of implementation, amidst policy uncertainty and lack of support. This is evident by the insecurity of land tenure which negatively affects small- and medium-scale producers’ access to financing, lack of infrastructure development of these farm blocks, and constraints in the agricultural sector such as low labour productivity and poor access to service expertise. It is recommended that innovative policy interventions should be created to support agricultural development. This can be achieved by following a multistakeholder approach through involving private, public and non-profit sectors such as non-governmental organisations (NGOs) and donors.


2021 ◽  
Vol 1 (1) ◽  
Author(s):  
Rasaki Dauda ◽  
Omowumi Ajeigbe

This study assessed employment intensity of growth (EIG) in the agriculture, industry and service sectors in Nigeria from 1991 to 2019 within the context of Okun’s theory/law. Data from the 2020 World Development Indicators were employed for analysis, using elasticity procedure after decomposing the scope into different periods and regimes. The findings showed negative EIG in the agriculture and industrial sectors while the service sector returned positive EIG. Therefore, government should invest significantly in the service sector while the agricultural sector should be mechanized to boost output and supply of raw materials to industries to enhance employment generation.


2021 ◽  
Vol 4 (2) ◽  
pp. 547-558
Author(s):  
Hamza Saleem ◽  
Fatima Farooq ◽  
Muhammad Aurmaghan

The major objective of this research is to examine the relationship between poverty, income inequality and economic growth from some selected developing countries. This study uses panel data for the period of 2002-2015. All the data is taken from world development indicators (WDI). To find out the results, we have used Hausman test an econometrics technique for panel data in this research. The results of the study indicate that poverty and income inequality have a negative impact on economic growth on the other hand Gross capital formation, labor force, total population and government consumption and expenditure have a positive impact on economic growth. The result tells us that changes in these variables have a significant and positive effect on the dependent variable. To achieve the goal of economic growth developing countries should reduce poverty and take meaningful steps to overcome the problem of inequality in the society which can be very helpful in achieving the goal of economic growth.


Author(s):  
Nandakumar ◽  
Devasia ◽  
Thomachan

This Paper examines the relation between energy use and GDP percapita of India. It used the annual data from 1971-2013, obtained from World Development Indicators of World Bank for India. The variables used in this study are – Percapita GDP and Energy consumption in Kilograms of oil equivalent (Kgoe). The result shows long run relation between energy use and GDP percapita. The result also shows that Energy Use granger causes GDP percapita of India for the sample period.


Author(s):  
Oyetoun Dunmola Amao ◽  
Michael Akwasi Antwi ◽  
Oluwaseun Samuel Oduniyi ◽  
Timothy Olukunle Oni ◽  
Theresa Tendai Rubhara

This research sought to explore the performance of agricultural export products on economic growth in Nigeria from 1960 to 2016. Secondary data from the National Bureau of Statistics, the Central Bank of Nigeria’s Annual Statistical Bulleting, the World Bank, and World Development Indicators were used. The Generalized Method of Moments (GMM) model was explored in this study. The findings of the study show that food and live animals, beverages, and tobacco were found to be negative but significant to agricultural exports, while agricultural exports (total) and crude materials, inedible except fats, were found to be negative and insignificant to economic growth. Animal and vegetable oils and fats were found to be positive but insignificant to economic growth. Based on the following findings, it is recommended that policies aimed at increasing the productivity and quality of agricultural products, especially those from crops, should be implemented. There is also a need to devote more resources to the production of non-export goods to increase exports. Above all, more credit should be extended to the agricultural sector with a low or zero interest rate, which may lead to a higher rate of economic growth in Nigeria.


2021 ◽  
Vol 3 (3) ◽  
Author(s):  
Muhammad Atif Nawaz ◽  
Muhammad Sajjad Hussain ◽  
Altaf Hussain

Sustainable development is now a mantra for which every country is striving for it and green finance, and green financial development which is advancement in financial activities harmonized with environmental protection and ecological balance, is considered as the foremost solution for it. Keeping in view the importance of green financial development for the economic growth, this study aims to examine the effects of green financial development such as green credit, green securities, green insurance, green investment, and foreign direct investment on the economic growth of Pakistan. The time series has extracted from World Development Indicators (WDI) and State Bank of Pakistan (SBP) for the period 1981 to 2019. For the analysis purpose, Autoregressive distributive lag (ARDL) and Granger casualty have been executed. The findings established empirically that green financial development such as green credit, green securities, green insurance, green investment, and foreign direct investment have a positive impact on the economic growth of Pakistan. These findings provide the insight to the regulators that they should enhance their focus towards green financial development that is imperative for the economic growth of the country.


2019 ◽  
Vol 11 (1) ◽  
pp. 259
Author(s):  
John Kwaku Mensah Mawutor ◽  
Eric Boachie Yiadom ◽  
Richard Fosu Amankwa

The study revisits the debt-growth nexus and broadens the argument to examine the unique effect of government debt on investment in Ghana. Data from World Development Indicators on the Ghanaian economy were sampled from 1990 to 2015. The empirical results from the Multiple Linear Regression (MLR) suggest an inverse relationship between government debt and economic growth in Ghana. In addition, a percentage increase in government debt reduces investment by 0.65%; implying that government debt harms investment due to fungibility of debt and accompanying debt repayment responsibilities. Policy ramifications resulting from the study are that the Ghanaian government should restructure public debt management to eliminate debt fungibility and reduce debt to GDP ratio as well.


2013 ◽  
Vol 18 (5) ◽  
pp. 998-1017 ◽  
Author(s):  
Ayşe İmrohoroğlu ◽  
Selahattın İmrohoroğlu ◽  
Murat Üngör

This paper investigates the growth experience of one country in detail in order to enhance our understanding of important factors that affect economic growth. Using a two-sector model, we identify low productivity growth in the agricultural sector as the main reason for the divergence of income per capita between Turkey and its peer countries between 1968 and 2005. An extended model that incorporates distortions in the use of intermediate goods in producing agricultural output indicates that policies that have different effects across sectors and across time may be important in explaining the growth experience of countries.


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