scholarly journals A Comparative Analysis of the Impact of Agricultural Exports on Economic Growth of ECOWAS Countries

2016 ◽  
Vol 24 (5) ◽  
pp. 31-46 ◽  
Author(s):  
Richardson Kojo Edeme ◽  
Innocent A. Ifelunini ◽  
Nelson C. Nkalu
2021 ◽  
Vol 8 (1) ◽  
Author(s):  
Jeton Mazllami ◽  

Most developing and developed countries, today are faced with a lot of economic, social, and political challenges as a result of internal or external factors such as the World Financial Crisis and Covid19. In these circumstances, the crucial objective of any government is to improve the national economic performance by increasing domestics and foreign investments. Investments efficiency is the main pillar in the increase of the economic growth of any economy. This paper aims to measure the efficiency of the investments towards economic growth in the Republic of Croatia and Slovenia by applying a comparative analysis. The specific objective of our paper is to determine the best ICOR level, the correlation between ICOR and GDP, and the impact on the economic growth of both countries. The research methodology will include the analysis of the efficiency of the investment measured by the indicators Incremental Capital-Output Ratio (ICOR) based on the World Bank approach. The period of observation includes the period from the year 1995 to 2020. The investment efficiency (ICOR) in both countries is expected to move between 1 and 6. The findings of this research are that each one-point decrease of the ICOR level of Croatia increases the economic growth by 1.961 percent, while the ICOR level of Slovenia increases less the Economic growth by 0.259 percent.


2021 ◽  
Vol 16 (2) ◽  
pp. 86-97
Author(s):  
A. M. Myrzakhmetova ◽  
A. E. Mukhametzhan

Вusinesses are the backbone of the national economy and play an important role for the effective functioning of the economy of any country in the world. The authors studied the experience of the United States and China, in which small and medium-sized businesses have been successfully developing for a long time, both during periods of economic growth and during periods of economic recession.The purpose of the article is to study the features and conduct a comparative analysis of the organization of entrepreneurial activity in the United States and China, and, based on the experience of these countries, develop proposals for the effective development of entrepreneurship in Kazakhstan. The authors analyzed the dynamics and factors of the development of small and medium-sized businesses, the advantages and disadvantages of entrepreneurial activity in the United States and China, and identified the impact of the COVID-19 pandemic on entrepreneurial activity in these countries and in Kazakhstan. In the course of the study, various methods of scientific knowledge were used: data collection and processing, economic, comparative and statistical analysis, generalization, synthesis, induction, deduction. We collected and processed fresh quantitative data on the state and dynamics of the development of small and medium-sized enterprises in the United States and China in the period from 2011 to 2021.Small and medium business is an integral and important part of the economic development of all countries of the world, the experience of countries such as the United States and China can be useful and interesting for the Kazakh economy. Entrepreneurship performs a number of important socio-economic functions for the country: providing employment, creating a competitive environment, supporting and introducing innovations, reducing social inequality, attracting natural, human, material and technical resources into the production and commercial process, stimulating economic growth and improving the well-being of people.The authors, based on a study of the experience of entrepreneurial activities of two large leading countries of the world economy, have developed proposals that will contribute to the development of small and medium-sized businesses in the Republic of Kazakhstan.


Author(s):  
Nahanga Verter ◽  
Věra Bečvářová

Agriculture is the backbone of Nigeria’s socioeconomic development. This paper investigates the impact of agricultural exports on economic growth in Nigeria using OLS regression, Granger causality, Impulse Response Function and Variance Decomposition approaches. Both the OLS regression and Granger causality results support the hypothesis that agricultural exports- led economic growth in Nigeria. The results, however, show an inverse relationship between the agricultural degree of openness and economic growth in the country. Impulse Response Function results fluctuate and reveal an upward and downward shocks from agricultural export to economic growth in the country. The Variance Decomposition results also show that a shock to agricultural exports can contribute to the fluctuation in the variance of economic growth in the long run. For Nigeria to experience a favourable trade balance in agricultural trade, domestic processing industries should be encouraged while imports of agricultural commodities that the country could process cheaply should be discouraged. Undoubtedly, this measure could drastically reduce the country’s overreliance on food imports and increase the rate of agricultural production for self-sufficiency, exports and its contribution to the economic growth in the country.


2018 ◽  
Vol 120 (3) ◽  
pp. 157-165
Author(s):  
Nadia Nora Urriola Canchari ◽  
Carlos Alberto Aquino Rodriguez ◽  
Pradeep Baral

2018 ◽  
Vol 11 (1) ◽  
pp. 173 ◽  
Author(s):  
Marcin Olkiewicz ◽  
Radosław Wolniak ◽  
Michaline Eva-Grebski ◽  
Anna Olkiewicz

The innovativeness boosted by incubator centers has an important role in the sustainable development of the country and its regions. The paper describes a comparative analysis of the effectiveness of the business incubator center on the economic growth of a region. The goal of the paper is a comparison between two business incubators, CAN-BE in Hazleton, PA USA and Technopark in Gliwice, Poland. A number of indicators were used to measure economic growth. These selected indicators reflected social, organizational, technical, and financial aspects of economic growth.


Author(s):  
Younchawou NGOUWOUO ◽  
Zenabou TOURERE ◽  
Samuel Honoré NTAVOUA

The purpose of this article is to analyze the impact of agricultural exports such as coffee, cotton and cocoa on economic growth in Cameroon. The main results obtained by the Generalized Moments Method show that the impact of cocoa and coffee exports is negative and that of cotton on economic growth is positive. The export of cocoa, the exchange rate and the stability of agricultural exports are respectively significant. To this end, farmers should be encouraged to form more cooperatives in order to have easy access to finance which permit to increase their production, the government should fund research activities to improve the quality of agricultural products sold abroad in order to be more competitive and finally to promote the strategy of diversification of export products.


2021 ◽  
Vol 275 ◽  
pp. 01024
Author(s):  
Amogh Ghimire ◽  
Fu Weiwei ◽  
Peifen Zhuang

This study examines the impact of agricultural export on the economic growth in Nepal for the time period of 1970-2015. In this analysis, researchers used the ARDL model using structural break to investigate the relationship between agricultural exports and economic growth in Nepal. Agricultural land, exchange rate, foreign direct investment, trade openness and agricultural environmental pollution have all been included in this analysis. According to estimates, ARDL, tend towards short-run relationship has been validated. Whereas, in the long-run relation we found negative relation. Furthermore, this study found that agricultural land is directly affecting economic growth. This study recommends policies that improve agricultural production and trade should be strongly pursued to help boost a country’s economic growth


Author(s):  
Daria M. Cherepanova ◽  
◽  
Irina V. Filimonova ◽  

The paper discusses the problem of resource dependence in countries with high hydrocarbon production, export of resource. The aim of the study is to assess the impact of resource dependence factors and sustainable growth factors on economic growth of 41 countries, which are net oil and gas exporters, for the period 1990–2018 based on the analysis of panel data. Countries are classified by macro–regions, levels of economic development and democracy. The consequences in terms of sustainable economic growth were analyzed.


Sign in / Sign up

Export Citation Format

Share Document