Poverty and Agriculture in Southern Africa Revisited: A Panel Causality Perspective

Agricultural advancement is considered a panacea for poverty reduction, particularly, in developing countries. This study empirically investigates the dynamic linkage between agricultural value added (AVA) and poverty reduction for a panel of nine countries in Southern Africa using a second-generati...

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Main Authors: Festus Victor Bekun, Seyi Saint Akadiri
Format: Article
Language:English
Published: SAGE Publishing 2019-02-01
Series:SAGE Open
Online Access:https://doi.org/10.1177/2158244019828853
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spelling doaj-16e4fe4e673e4ee198430f567e4ce08b2020-11-25T03:08:24ZengSAGE PublishingSAGE Open2158-24402019-02-01910.1177/2158244019828853Poverty and Agriculture in Southern Africa Revisited: A Panel Causality PerspectiveFestus Victor Bekun0Seyi Saint Akadiri1Eastern Mediterranean University, Famagusta, North Cyprus, TurkeySheytex Logistics and Services limited, Abuja, NigeriaAgricultural advancement is considered a panacea for poverty reduction, particularly, in developing countries. This study empirically investigates the dynamic linkage between agricultural value added (AVA) and poverty reduction for a panel of nine countries in Southern Africa using a second-generation panel approach for the period 1990 to 2015. Empirical results show that agricultural development is necessary but not a sufficient policy to combat poverty as it is only viable in the short run. Thus, we suggest long-run economic programs and/or strategies that will complement agricultural development toward poverty alleviation to spur economic growth in the sampled region.https://doi.org/10.1177/2158244019828853
collection DOAJ
language English
format Article
sources DOAJ
author Festus Victor Bekun
Seyi Saint Akadiri
spellingShingle Festus Victor Bekun
Seyi Saint Akadiri
Poverty and Agriculture in Southern Africa Revisited: A Panel Causality Perspective
SAGE Open
author_facet Festus Victor Bekun
Seyi Saint Akadiri
author_sort Festus Victor Bekun
title Poverty and Agriculture in Southern Africa Revisited: A Panel Causality Perspective
title_short Poverty and Agriculture in Southern Africa Revisited: A Panel Causality Perspective
title_full Poverty and Agriculture in Southern Africa Revisited: A Panel Causality Perspective
title_fullStr Poverty and Agriculture in Southern Africa Revisited: A Panel Causality Perspective
title_full_unstemmed Poverty and Agriculture in Southern Africa Revisited: A Panel Causality Perspective
title_sort poverty and agriculture in southern africa revisited: a panel causality perspective
publisher SAGE Publishing
series SAGE Open
issn 2158-2440
publishDate 2019-02-01
description Agricultural advancement is considered a panacea for poverty reduction, particularly, in developing countries. This study empirically investigates the dynamic linkage between agricultural value added (AVA) and poverty reduction for a panel of nine countries in Southern Africa using a second-generation panel approach for the period 1990 to 2015. Empirical results show that agricultural development is necessary but not a sufficient policy to combat poverty as it is only viable in the short run. Thus, we suggest long-run economic programs and/or strategies that will complement agricultural development toward poverty alleviation to spur economic growth in the sampled region.
url https://doi.org/10.1177/2158244019828853
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AT seyisaintakadiri povertyandagricultureinsouthernafricarevisitedapanelcausalityperspective
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