Effect of research and development on agricultural sector growth in the East African community
Author(s) -
W Lawrence,
Lawrence Kibet,
Kalio Aquilars,
Naftaly Mose
Publication year - 2018
Publication title -
journal of development and agricultural economics
Language(s) - English
Resource type - Journals
ISSN - 2006-9774
DOI - 10.5897/jdae2017.0873
Subject(s) - agriculture , remuneration , panel data , human capital , economics , stock (firearms) , economic growth , development economics , agricultural economics , finance , econometrics , geography , archaeology
This study empirically examined the effect of research and development on agricultural sector growth in East African Community from the year 2000-2014. According to the endogenous growth theory, research and development leads to increase in the stock of knowledge which in turn has got spill over effects hence leads to economic growth. However, little is known on the effect of RD more research scientists and agricultural labourers to be employed, trained and motivated through better remuneration and good work environment; RD firms to train agricultural labourers on how new technologies are being used and also to allocate them duties and responsibilities that match their skills and that agricultural capital costs be subsidised. Key words: Agricultural sector growth, research and development, East Africa Community, economic growth, stationarity, and regression results.
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