DRIVERS OF GROWTH IN THE AGRICULTURAL SECTOR ON THE DEVELOPMENT PLAN

Agricultural sector contribute about 36% of the East African Community’s Gross Domestic
Product (World Bank, 2009), 80 per cent of the populace depend on agriculture directly and
indirectly for food, employment and income, while about 40 million people in EAC (East African
Countries) suffer from hunger and the agricultural sector still retains a lot of untapped potential,
specifically for commercial farming. However, economic growth target for agriculture sector can be
achieved by stimulating three factors; capital, labor and total productivity of capital and labor through
R&D. This study applied panel random effect model on EAC countries data, 2000–2014. Random
effects regression results showed that all explanatory variables had a significant and positive relationship
with the dependent variable. From the findings the study recommends: R&D to be allocated
more funds; and more research scientists and agricultural labourers to be employed in EAC.

Overall Rating

0

5 Star
(0)
4 Star
(0)
3 Star
(0)
2 Star
(0)
1 Star
(0)
APA

Mose, N. & Were, L (2022). DRIVERS OF GROWTH IN THE AGRICULTURAL SECTOR ON THE DEVELOPMENT PLAN. Afribary. Retrieved from https://track.afribary.com/works/drivers-of-growth-in-the-agricultural-sector-on-the-development-plan

MLA 8th

Mose, Naftaly, and Lawrence Were "DRIVERS OF GROWTH IN THE AGRICULTURAL SECTOR ON THE DEVELOPMENT PLAN" Afribary. Afribary, 03 Oct. 2022, https://track.afribary.com/works/drivers-of-growth-in-the-agricultural-sector-on-the-development-plan. Accessed 19 Nov. 2024.

MLA7

Mose, Naftaly, and Lawrence Were . "DRIVERS OF GROWTH IN THE AGRICULTURAL SECTOR ON THE DEVELOPMENT PLAN". Afribary, Afribary, 03 Oct. 2022. Web. 19 Nov. 2024. < https://track.afribary.com/works/drivers-of-growth-in-the-agricultural-sector-on-the-development-plan >.

Chicago

Mose, Naftaly and Were, Lawrence . "DRIVERS OF GROWTH IN THE AGRICULTURAL SECTOR ON THE DEVELOPMENT PLAN" Afribary (2022). Accessed November 19, 2024. https://track.afribary.com/works/drivers-of-growth-in-the-agricultural-sector-on-the-development-plan