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Agriculture Public Expenditures and Growth: The Case of Togo

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  • Koffi Yovo

    (Department of Agricultural Economics, Agricultural College, University of Lomé, Lomé, Togo)

Abstract

This paper analyzes the trends and evolution of public expenditures in the agriculture sector in Togo, as well as its impact on the growth of agriculture during the period 1985–2015. To this end, we constructed a model capturing both the effect of the volume and the composition of public expenditures in Togolese agriculture. The results highlight the fact that the public investments on agriculture had a positive impact on agriculture growth, whereas public expenditures on fertilizer subsidies had the opposite effect. The study recommends that to revitalize the agriculture sector, the public expenditures should be directed at improving the provision of public investments and services rather than at subsidizing private inputs.

Suggested Citation

  • Koffi Yovo, 2018. "Agriculture Public Expenditures and Growth: The Case of Togo," International Journal of Economics and Financial Research, Academic Research Publishing Group, vol. 4(1), pages 7-12, 01-2018.
    • Handle: RePEc:arp:ijefrr:2018:p:7-12
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