Public spending on agriculture in southern Africa: sectoral and intra-sectoral impact and policy implications

The purpose of this paper is two-fold: firstly, it examines the relationship between public agriculture expenditure and agriculture sector growth, and secondly, it examines the heterogeneous effects of expenditure on agriculture growth depending on which subsectors within agriculture receive the inv...

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Autor principal: Matchaya, Greenwell C.
Formato: Journal Article
Lenguaje:Inglés
Publicado: Elsevier 2020
Materias:
Acceso en línea:https://hdl.handle.net/10568/108913
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author Matchaya, Greenwell C.
author_browse Matchaya, Greenwell C.
author_facet Matchaya, Greenwell C.
author_sort Matchaya, Greenwell C.
collection Repository of Agricultural Research Outputs (CGSpace)
description The purpose of this paper is two-fold: firstly, it examines the relationship between public agriculture expenditure and agriculture sector growth, and secondly, it examines the heterogeneous effects of expenditure on agriculture growth depending on which subsectors within agriculture receive the investments. The co-integration analysis results offer insights into a number of issues: (i) it is found that agricultural expenditures are important for agriculture sector growth in Malawi, Eswatini (Swaziland) and Zambia and (ii) that within the agricultural sectors, investing in research and development, subsidies, and in neglected areas (livestock, fisheries) alongside crops can expand the agricultural sector more. Policy makers should increase public spending in agriculture but should also emphasize on improving intra-sectoral allocations, targeting areas that create sectoral growth.
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spelling CGSpace1089132024-05-01T08:18:17Z Public spending on agriculture in southern Africa: sectoral and intra-sectoral impact and policy implications Matchaya, Greenwell C. agricultural sector public expenditure spending agricultural development gross national product gross agricultural product policies research subsidies inflation investment crops livestock fisheries forestry models The purpose of this paper is two-fold: firstly, it examines the relationship between public agriculture expenditure and agriculture sector growth, and secondly, it examines the heterogeneous effects of expenditure on agriculture growth depending on which subsectors within agriculture receive the investments. The co-integration analysis results offer insights into a number of issues: (i) it is found that agricultural expenditures are important for agriculture sector growth in Malawi, Eswatini (Swaziland) and Zambia and (ii) that within the agricultural sectors, investing in research and development, subsidies, and in neglected areas (livestock, fisheries) alongside crops can expand the agricultural sector more. Policy makers should increase public spending in agriculture but should also emphasize on improving intra-sectoral allocations, targeting areas that create sectoral growth. 2020-11 2020-07-31T04:31:21Z 2020-07-31T04:31:21Z Journal Article https://hdl.handle.net/10568/108913 en Limited Access Elsevier Matchaya, Greenwell C. 2020. Public spending on agriculture in southern Africa: sectoral and intra-sectoral impact and policy implications. Journal of Policy Modeling, 20p. (Online first) [doi: 10.1016/j.jpolmod.2020.05.002]
spellingShingle agricultural sector
public expenditure
spending
agricultural development
gross national product
gross agricultural product
policies
research
subsidies
inflation
investment
crops
livestock
fisheries
forestry
models
Matchaya, Greenwell C.
Public spending on agriculture in southern Africa: sectoral and intra-sectoral impact and policy implications
title Public spending on agriculture in southern Africa: sectoral and intra-sectoral impact and policy implications
title_full Public spending on agriculture in southern Africa: sectoral and intra-sectoral impact and policy implications
title_fullStr Public spending on agriculture in southern Africa: sectoral and intra-sectoral impact and policy implications
title_full_unstemmed Public spending on agriculture in southern Africa: sectoral and intra-sectoral impact and policy implications
title_short Public spending on agriculture in southern Africa: sectoral and intra-sectoral impact and policy implications
title_sort public spending on agriculture in southern africa sectoral and intra sectoral impact and policy implications
topic agricultural sector
public expenditure
spending
agricultural development
gross national product
gross agricultural product
policies
research
subsidies
inflation
investment
crops
livestock
fisheries
forestry
models
url https://hdl.handle.net/10568/108913
work_keys_str_mv AT matchayagreenwellc publicspendingonagricultureinsouthernafricasectoralandintrasectoralimpactandpolicyimplications