Awokuse, T.O. and Xie, R.
(2015)
Does agriculture really matter for economic Growth in Developing Countries?
Canadian Journal of Agricultural Economics, 63.
pp. 77-99.
Abstract
This paper revisits the debate on the role of agriculture in promoting economic growth in a selection of
nine developing countries.We investigated the causal linkages between agriculture and gross domestic
product growth with the aid of directed acyclic graphs, a recently developed algorithm of inductive
causation. The results suggest that while agriculture could be an engine of economic growth, the
impact varies across countries. In some cases, we found strong evidence in support of the agricultureled
growth hypothesis. In contrast, the results for some other countries indicate that having a vibrant
aggregate economy is a prerequisite for agricultural development.
| Item Type: |
Article
|
| Uncontrolled Keywords: |
Agricultural, Economics, Developing countries, Economic growth |
| Author Affiliation: |
Professor and Chair, Department of Applied Economics and Statistics, University of
Delaware, 513 South College Avenue, Newark, DE 19716 |
| Subjects: |
Social Sciences > Agricultural Economics |
| Divisions: |
General |
| Depositing User: |
Mr T L Gautham
|
| Date Deposited: |
22 Apr 2016 10:39 |
| Last Modified: |
22 Apr 2016 10:39 |
| URI: |
http://eprints.icrisat.ac.in/id/eprint/14276 |
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