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Agriculture as a stimulant for Sustainable Development in ECOWAS

Matthew, Oluwatoyin and Osabohien, Romanus and Urhie, Ese S and Ewetan, O. O. and Adediran, Oluwasogo and ODUNTAN, EMMANUEL and Olopade, C. (2019) Agriculture as a stimulant for Sustainable Development in ECOWAS. Journal of Record, 12 (4). pp. 215-225.

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The study utilised secondary data sourced from the World Development Indicators (WDI), International Labour Organisation (ILO), United Nations Educational, Scientific and Cultural Organisation (UNESCO), and the System Generalised Method of Moments (SGMM) econometric technique was used to analyse the data. Sustainable Development Goal (Goal 1) which was proxied by poverty, used as the dependent variable, while agriculture value added, employment in the agricultural sector, inequality, literacy rate, population growth rate and gross domestic savings were the explanatory variables. The study found out that both agriculture value added and employment in the agricultural sector were statistically significant in explaining poverty and negatively related to poverty in the ECOWAS sub-region. Therefore, based on the findings, the study recommended that the governments of ECOWAS countries should focus more on agriculture so as to be exporters of cash crops that will generate foreign exchange for their economies and increase savings that can be used to alleviate and eliminate poverty among the people.

Item Type: Article
Uncontrolled Keywords: Agriculture, Poverty, ECOWAS, Sustainable Development
Subjects: H Social Sciences > H Social Sciences (General)
H Social Sciences > HB Economic Theory
Divisions: Faculty of Law, Arts and Social Sciences > School of Social Sciences
Depositing User: Mrs Hannah Akinwumi
Date Deposited: 30 Mar 2022 15:52
Last Modified: 30 Mar 2022 15:52

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