Work

Potential Economic Impacts of Agricultural Growth in Africa: Evidence from Guinea-Bissau

Year: 2023

Type: article

Abstract: This paper examines the potential effects of agricultural investment on economic outcomes in Guinea-Bissau (2014–2030). Through a dynamic computable general equilibrium (CGE) model, we found that improved agricultural performance will positively impact economic growth, sector output, and job opportunities for rural and urban workers. The decline in food prices will propagate indirect impacts on urban household welfare, while rural households will benefit from direct and indirect effects through the decline in the consumer price index. Poverty alleviation suggests agriculture’s crucial role in supporting ongoing industrialization and food security in Africa with attenuated income inequality.

Source: Journal of Agricultural and Applied Economics

DOI: 10.1017/aae.2023.26

Authors: Júlio Vicente Cateia, Maurício Vaz Lobo Bittencourt, Terciane Sabadini Carvalho, Luc Savard

Institutions: Universidade Federal do Piauí, Universidade Federal do Paraná, Université Mohammed VI Polytechnique

Language: English

Topic: Agricultural economics and policies

Subfield: Safety Research

Field: Social Sciences

Domain: Social Sciences

SDGs: No poverty, Decent work and economic growth, Zero hunger, Reduced inequalities

Open Access status: gold

Estimated APC paid: $1,670