Open AccessAnalysis of the Effects of Public Expenditure on Agricultural Growth in Mali
Author(s) -
Abdoulaye Maïga,
Amadou Bamba,
Boubacar Sy,
Georges Hady Keita,
Issoufou Soumaïla Mouleye,
Moussa Diallo
Publication year - 2021
Publication title -
asian journal of agricultural extension, economics and sociology
Language(s) - English
Resource type - Journals
ISSN - 2320-7027
DOI - 10.9734/ajaees/2021/v39i730607
Subject(s) - agriculture , economics , government expenditure , consumption (sociology) , government (linguistics) , government spending , descriptive statistics , public expenditure , autoregressive model , agricultural economics , econometrics , public economics , macroeconomics , public finance , statistics , geography , mathematics , market economy , social science , linguistics , philosophy , archaeology , sociology , welfare
The objective of this study is to analyze the effects of government spending on agricultural growth in Mali using data from 2000 to 2019. The lagged autoregressive model (ARDL) was used to perform the estimation. We conducted a descriptive analysis of the data from the World Bank database. Several specification tests were performed to confirm the validity of the chosen model. The results of this study show that the public expenditures have positive and significant effects on agricultural growth, except for agricultural expenditures that have negative effects. Similarly, the agricultural employability rate and fertilizer consumption also have negative effects. This implies that the government needs to review its resource allocation policy in all sectors, including the agricultural sector.