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This paper assesses whether tractor investment is a rational and profitable decision for farmers using firm investment theory and tractor owner survey data collected in 2013. Under erratic rainfalls, timeliness of farming operations is critical for farmers. Based on the hypothesis that owning a...
Persistent link: https://www.econbiz.de/10013031430
A number of factors favor a collective strategy for African countries to build their reputation regarding improved governance and commitment to agriculture. These include negative spillover effects of poor governance (for example, obstacles to developing regional markets), improved bargaining...
Persistent link: https://www.econbiz.de/10011145648
The CAADP is a commitment of African countries to pursue economic growth through agriculture-led development to reduce poverty and hunger on the continent. It stems from the failure of previous interventions on the continent largely attributed to their weak ownership. CAADP is expected to serve...
Persistent link: https://www.econbiz.de/10008486414
Agriculture in Ghana accounts for about 40 percent of national economy, three quarters of export earnings, and employs 60 percent of the labor force. Agriculture is the backbone of the economy (McKay and Aryeetey, 2004) and the sector has served as the main driver for the growth over the last...
Persistent link: https://www.econbiz.de/10011132790
"Malawi has experienced modest economic growth over the last decade and a half. However, agricultural growth has been particularly erratic, and while the incidence of poverty has declined, it still remains high. The Malawian government, within the framework of the Agricultural Development Plan...
Persistent link: https://www.econbiz.de/10005038003
"This paper has been prepared in support of the Comprehensive Africa Agriculture Development Program (CAADP) roundtable in Ghana. The study also takes a fresh perspective on the role of agriculture for development in light of the global food crisis. It addresses two main questions: what are the...
Persistent link: https://www.econbiz.de/10005038024
"Zambia has experienced strong economic performance since 1999. However, agriculture has not performed as well as the rest of the economy, and although the incidence of poverty has declined, it still remains high. The Zambian government, within the framework of the Fifth National Development...
Persistent link: https://www.econbiz.de/10005038040
"Over the past two decades, Uganda has experienced strong economic growth. However, agriculture has not performed as well as the rest of the economy in recent years, and while the incidence of poverty has declined, it is still substantially higher in rural rather than urban areas. The Ugandan...
Persistent link: https://www.econbiz.de/10005038155