Leveraging regional growth dynamics in African agriculture
AbstractThis study focuses on public investments and policy reforms for leveraging growth spillovers at the Africa regional level. It reviews first the theory and evidence of knowledge and growth spillovers generally and second the evidence in the African context. Given the limited and scattered evidence of actual past spillovers, it reviews recent ex ante simulations using partial and general equilibrium models to stress the potential for spillovers from greater cooperation in agricultural research, and from trade liberalization, policy harmonization and investments in infrastructure. The results show that permitting greater crossborder transfers and adopting improved technologies could have large spillover multiplier effects on overall economic welfare in the region. And simply reducing African countriesâ€™ trade barriers and improving cross-border transport could increase agricultural incomes by as much as 10%. These two examples confirm that regional cooperation in agricultural research and harmonization and liberalization of regional trade systems are two important areas that have yet to be optimally harnessed to generate larger spillovers and enhance regional economic take-off.
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Bibliographic InfoArticle provided by African Association of Agricultural Economists in its journal African Journal of Agricultural and Resource Economics.
Volume (Year): 01 (2006)
Issue (Month): 1 (December)
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Sub-Saharan Africa; Regional cooperation; Spillovers; Agricultural development; International Development;
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- Liangzhi You & Michael Johnson, 2010.
"Exploring strategic priorities for regional agricultural R&D investments in East and Central Africa,"
International Association of Agricultural Economists, vol. 41(2), pages 177-190, 03.
- You, Liangzhi & Johnson, Michael, 2008. "Exploring strategic priorities for regional agricultural R&D investments in East and Central Africa:," IFPRI discussion papers 776, International Food Policy Research Institute (IFPRI).
- Haggblade, Steven, 2010. "Unscrambling Africa: Regional Requirements for Achieving Food Security," Food Security International Development Working Papers 97030, Michigan State University, Department of Agricultural, Food, and Resource Economics.
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