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Exploring the Influence of Agricultural Exports on Economic Growth: Fresh Insights from Upper Middle-Income Nations

Author

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  • El Weriemmi, Malek
  • Bakari, Sayef

Abstract

This study analyzes the impact of agricultural exports on economic growth in 30 upper-middle-income countries from 2004 to 2023 using World Bank data and static gravity model. The results indicate that agricultural exports positively influence economic growth, with a 1% increase in exports associated with a 0.13% rise in growth. Capital investment and labor also significantly contribute to economic progress. The findings suggest that enhancing agricultural export policies and infrastructure can effectively boost economic growth. Balancing trade policies to mitigate the negative effects of imports is also recommended.

Suggested Citation

  • El Weriemmi, Malek & Bakari, Sayef, 2024. "Exploring the Influence of Agricultural Exports on Economic Growth: Fresh Insights from Upper Middle-Income Nations," MPRA Paper 121660, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:121660
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    File URL: https://mpra.ub.uni-muenchen.de/121660/1/MPRA_paper_121660.pdf
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    More about this item

    Keywords

    Agricultural Exports; Economic Growth; Static Gravity Model; Upper Middle-Income Countries.;
    All these keywords.

    JEL classification:

    • F11 - International Economics - - Trade - - - Neoclassical Models of Trade
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
    • Q17 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agriculture in International Trade
    • Q18 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Policy; Food Policy; Animal Welfare Policy

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