Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/250106 
Year of Publication: 
2021
Series/Report no.: 
AGDI Working Paper No. WP/21/082
Publisher: 
African Governance and Development Institute (AGDI), Yaoundé
Abstract: 
Over the past decade, a growing number of studies have examined the role of agricultural export in economic growth in Africa. The literature, however, provides conflicting results about the agricultural export-led growth hypothesis. In this study, we aim to examine the impact of agricultural export on economic growth by performing a meta-analysis. Our meta-analysis finds significant presence of negative publication bias in the literature. Using mixed-effect multilevel meta-regression, we find that after correction for publication bias, the average agricultural export elasticity to economic growth is 0.763 for the poor in Africa. Interestingly, agricultural export is growth for the rich in Africa, although the elasticity of GDP is 0.043. These results are consistent with the agricultural export-led growth hypothesis. The implication is that export promotion should be targeted at agricultural output in low-income and lower middle-income countries whereas upper middle-income countries in Africa may focus on non-agricultural export.
Subjects: 
Africa
export-led growth
agricultural export
meta-analysis
JEL: 
C10
C40
I30
N50
O55
Document Type: 
Working Paper

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