A Story on Intersectoral Linkages, Evidenced From West African Countries

Yıl 2022, Cilt: 8 Sayı: 2, 116 - 131, 30.12.2022

Oluwaseun Adeoye Oyebamiji Berna Türkekul

Öz

The study reviews growth-development theories in a clear and explicit attempt to reassess the dynamism of the sectoral relationship and see if this relationship is empirically plausible in western Africa. This study examines the relationship between the agricultural and non-agricultural sector by modeling the dynamic link between these sectors. The result of the study reveals dynamic and positive sectoral relationship, justifying the necessary growth path for these economies. Variables such as unemployment, Trade openness, expenditure on education, contribute largely and positively to sectoral growth in West Africa. 

Anahtar Kelimeler

Agricultural growth, Multiplier effect, Structural Transformation, Unbalanced growth

Batı Afrika Ülkelerinden Bulgularla Sektörler Arası Bağlantılar Üzerine Bir Hikaye

Öz

Çalışma sektörel ilişkinin dinamizmini yeniden değerlendirmek ve bu ilişkinin Afrika'nın batı kesiminde ampirik olarak makul olup olmadığını görmek için açık ve belirgin bir girişimle büyüme-kalkınma teorilerini gözden geçirmektedir. Batı Afrika ülkeleri için ülkeler arası verilerden yararlanan bu çalışma, tarımsal ve tarım dışı sektör arasındaki ilişkiyi, bu sektörler arasındaki dinamik bağlantıyı modelleyerek incelemektedir. Çalışma sonucunda elde edilen sonuç, dinamik ve pozitif bir sektörel ilişkiyi ortaya koyarak bu ekonomiler için gerekli büyüme yolunu ortaya koymaktadır. İşsizlik, ticarete açıklık, eğitim harcamaları vb. değişkenler sektörel büyümeye büyük ve olumlu katkı sağlamaktadır.

Anahtar Kelimeler

Tarımsal büyüme, Çarpan etkisi, Yapısal Dönüşüm, Dengesiz büyüme.

Kaynakça

• Acemoglu, D., Robinson, J., 2012. Why nations fail,: the story of inequality and poverty Revija Za Socijalnu Politiku. https://doi.org/10.3935/rsp.v21i3.1238
• Adelman, I., 1984. Beyond export-led growth. World Dev. 12, 937–949. https://doi.org/10.1016/0305-750X(84)90050-0
• African Development Bank, 2018. African Economic Outlook, Building Today, a Better Africa Tomorrow.
• Aghion, P., Bacchetta, P., Rancière, R., Rogoff, K., 2009. Exchange rate volatility and productivity growth: The role of financial development. J. Monet. Econ. 56, 494–513. https://doi.org/10.1016/j.jmoneco.2009.03.015
• Anyanwu, J.C., 2013. Characteristics and Macroeconomic Determinants of Youth Employment in Africa. African Dev. Rev. 25, 107–129. https://doi.org/10.1111/j.1467-8268.2013.12019.x
• Ashok Gulati, Sheggen Fan, and S.D., 2015. The Dragon and the Elephant: Agricultural and Rural Reforms in China and India, Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis.
• Baltaigi, B.H., 2015. Economic analysis of Panel data, 3rd ed. John Wiley & Sons Ltd, Chichester, West Sussex.
• Bigsten, A., Tengstam, S., 2012. Working Paper No . 2012 / 32 International Coordination and the Effectiveness of Aid.
• Blundell, R., Bond, S., 1998. Initial conditions and moment restrictions in dynamic panel data models. J. Econom. 87, 115–143. https://doi.org/10.1016/S0304-4076(98)00009-8
• Bond, S., 1991. Some tests of specification for panel data:monte carlo evidence and an application to employment equations. Rev. Econ. Stud. 58, 277–297. https://doi.org/10.2307/2297968
• Bond, S., Hoeffler, A., 2001. GMM Estimation of Empirical Growth Models. CEPR Discuss. Pap. / Cent. Econ. Policy Res. Discuss. Pap.
• Bosworth, B., Collins, S.M., 2008. Accounting for growth: Comparing China and India. J. Econ. Perspect. 22, 45–66. https://doi.org/10.1257/jep.22.1.45
• Byerlee, D., Diao, X., Jackson, C., 2005. Agriculture , Rural Development , and Pro-poor Growth. Agriculture 21, 1–15.
• Christiaensen, L., Demery, L., Kuhl, J., 2011. The (evolving) role of agriculture in poverty reduction-An empirical perspective. J. Dev. Econ. 96, 239–254. https://doi.org/10.1016/j.jdeveco.2010.10.006
• Dethier, J.J., Effenberger, A., 2012. Agriculture and development: A brief review of the literature. Econ. Syst. 36, 175–205. https://doi.org/10.1016/j.ecosys.2011.09.003
• Diao, X., Hazell, P., Resnick, D., Thurlow, J., 2007. The role of agriculture in development: Implications for Sub-Saharan Africa. Res. Rep. Int. Food Policy Res. Inst. https://doi.org/10.2499/9780896291614rr153
• Ellerman, D., 2004. Revisiting Hirschman on Development Assistance and Unbalanced Growth Author ( s ): David Ellerman Published by : Palgrave Macmillan Journals Stable URL : https://www.jstor.org/stable/40326135 REVISITING HIRSCHMAN ON DEVELOPMENT. East. Econ. J. 30, 311–331.
• EPRS, 2016. Africa’s economic growth - Taking off or slowing down?, European Parliament Research Service. https://doi.org/10.2861/443750
• Evert J. Los and Cornelis Gardebroek, 2015. Unravelling the links between agriculture and economic growth: a panel time series approach for post-WW II Africa Evert J. Los and Cornelis Gardebroek. Unpubl. Artic. Wageningen University, The Netherlands Hollandseweg.
• FAO, 2016. Agriculture in Sub-Saharan Africa : Prospects and challenges, in: Agriculture in Sub-Saharan Africa: Prospects and Challenges for the next Decade. OECD-FAO AGRICULTURAL OUTLOOK 2016-2025 © OECD/FAO 2016.
• Federico, G., 2005. Chapter Title : PATTERNS OF GROWTH : THE INPUTS Book Title : Feeding the World Book Subtitle : An Economic History of Agriculture , 1800-2000 Book Author ( s ): Giovanni Federico Published by : Princeton University Press Stable URL : https://www.jstor.org, in: Feeding the World Book. Princeton University Press, p. 67.
• Gardner, B.L., 2003. Causes of rural economic development. Agric. Econ. 32, 21–41. https://doi.org/10.1111/j.0169-5150.2004.00012.x
• Gollin, D., 2010. Chapter 73 Agricultural Productivity and Economic Growth. Handb. Agric. Econ. https://doi.org/10.1016/S1574-0072(09)04073-0
• Harris, J.R., Todaro, M.P., Harris, B.J.R., Todaro, M.P., 1970. Migration , Unemployment and Developmnent : A Two-Sector Analysis 60, 126–142.
• Hassan, M.S., 2016. Trade Poverty Nexus : An Empirical Investigation from Pakistan Trade Poverty Nexus : An Empirical Investigation from Pakistan 500–520.
• Hsiao, C., Zhou, Q., 2018. Panel Parametric, Semi-parametric and Nonparametric Construction of Counterfactuals-California Tobacco Control Revisited.
• Imai, K.S., Cheng, W., Gaiha, R., 2016a. Dynamic and long-term linkages among agricultural and non-agricultural growth, inequality and poverty in developing countries. Int. Rev. Appl. Econ. 31, 318–338. https://doi.org/10.1080/02692171.2016.1249833
• Imai, K.S., Cheng, W., Gaiha, R., 2016b. Dynamic and long-term linkages among agricultural and non-agricultural growth, inequality and poverty in developing countries. Int. Rev. Appl. Econ. 31, 318–338. https://doi.org/10.1080/02692171.2016.1249833
• Kiminori Matsuyama, 1992. Agricultural Productivity, Comparative Advantage, and Economic Growth. J. Econ. Theory 58, 317–334.
• Lewis, A.W., 1954. Economic Development with Unlimited Supplies of Labour, Manchester school of Economics and Social Studies. New York: McGraw-Hill.
• Martin, W., Mitra, D., 2001. Productivity growth and convergence in agriculture versus manufacturing. Econ. Dev. Cult. Change 49, 403–422. https://doi.org/10.1086/452509
• McMillan, M., Rodrik, D., Verduzco-Gallo, Í., 2014. Globalization, Structural Change, and Productivity Growth, with an Update on Africa. World Dev. 63, 11–32. https://doi.org/10.1016/j.worlddev.2013.10.012
• Mei-ling, S., 2014. Empirical analysis on the relationship between human capital investment and economic growth in rural areas : Based on the data of Henan. J. Chem. Pharm. Res. 6, 378–382.
• Ndungu, F.K., 2021. https://doi.org/10.24297/ijmit.v16i.8941. Int. J. Manag. Inf. Technol. 16, 42–58. https://doi.org/10.24297/ijmit.v16i.8941 Effect
• Page, J., 2018. Rethinking africa’s structural transformation:The Rise of New Industries, Foresight Africa: Top priorities for the continent in 2018.
• Stephen, N., 1981. Biases in Dynamic Models with Fixed Effects Author ( s ): Stephen Nickell Published by : The Econometric Society Stable URL : http://www.jstor.org/stable/1911408 Accessed : 12-05-2016 17 : 03 UTC. Econometrica 49, 1417–1426.
• Subramaniam, V., Reed, M., 2009. Agricultural Inter-Sectoral Linkages and Its Contribution to Economic Growth in the Transition Countries Authors Agricultural Inter-Sectoral Linkages and Its Contribution to Economic Growth in the Transition Countries . Tiffin, R., Irz, X., 2006. Is agriculture the engine of growth? Agric. Econ. 35, 79–89. https://doi.org/10.1111/j.1574-0862.2006.00141.x
• Tsakok, I., Gardner, B., 2007. Agriculture in economic development: Primary engine of growth or chicken and egg? Am. J. Agric. Econ. 89, 1145–1151. https://doi.org/10.1111/j.1467-8276.2007.01075.x.