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Agricultural Growth And Poverty Reduction In The D.R.Congo: A General Equilibrium Approach

Author

Listed:
  • James Wabenga Yango, James Wabenga Yango
  • Mukoko, Jean Blaise Nlemfu

Abstract

This paper evaluates the contribution of agricultural growth to poverty reduction in the D.R.Congo over the projection period 2013 - 2020. It raises questions over the investment options to sustain such growth effort. We use a recursive dynamic computable general equilibrium model combine with survey-based micro simulation analysis at both national and subnational levels. We assume in the simulations that the additional growth in total factor productivity is an exogenous factor and find the following results. First, we find that 8.21 % agricultural annual growth rate is more effective at reducing poverty and achieves the goal of halving poverty by 2020. Second, we identify agricultural investment priorities and the required levels of public spending to achieve such growth and poverty reduction goals. We further analyze the growth at the subsector level and find that cereals and roots are more pro-poor. From this perspective, agricultural strategy based on expanding food crops production should be afforded the highest priority.

Suggested Citation

  • James Wabenga Yango, James Wabenga Yango & Mukoko, Jean Blaise Nlemfu, 2. "Agricultural Growth And Poverty Reduction In The D.R.Congo: A General Equilibrium Approach," International Journal of Food and Agricultural Economics (IJFAEC), Alanya Alaaddin Keykubat University, Department of Economics and Finance, vol. 4(2).
  • Handle: RePEc:ags:ijfaec:234915
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    File URL: http://purl.umn.edu/234915
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    References listed on IDEAS

    as
    1. Diao, Xinshen & Thurlow, James & Benin, Samuel & Fan, Shenggen, 2012. "Strategies and priorities for African agriculture: Economywide perspectives from country studies," Issue briefs 73, International Food Policy Research Institute (IFPRI).
    2. Diao, Xinshen & Thurlow, James & Benin, Samuel & Fan, Shenggen, 2012. "Strategies and priorities for African agriculture: Economywide perspectives from country studies," IFPRI books, International Food Policy Research Institute (IFPRI), number Xinshen Diao.
    3. repec:fpr:ifprib:xinshendiao is not listed on IDEAS
    4. Nlemfu Mukoko, Jean Blaise & Wabenga Yango, James, 2011. "Une Matrice de Comptabilité Sociale pour la R.D. Congo : MCS-RDC2005
      [A 2005 Social Accounting Matrix for D.R.Congo]
      ," MPRA Paper 65020, University Library of Munich, Germany, revised 12 Jun 2015.
    5. World Bank, 2013. "World Development Indicators 2013," World Bank Publications, The World Bank, number 13191, July.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    Computable General Equilibrium; Poverty reduction; Total Factor Productivity.; Agricultural and Food Policy; Community/Rural/Urban Development; Consumer/Household Economics; Political Economy; Public Economics; Research Methods/ Statistical Methods; O11; 021; O55;

    JEL classification:

    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O55 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Africa

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