ANOWOR, OLUCHUKWU F and Kalu, Ijeoma E. and Odo, Augustine C. and OKORIE, George Chisom (2025) Characterizing Agricultural Export Trade in Africa’s Oil-Rich Nations. Journal of Business and African Economy, 11 (5). pp. 57-70. ISSN 2545-5281
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Characterizing Agricultural Export Trade in Africa’s Oil-Rich Nations.pdf Download (429kB) |
Abstract
Existing literature on agriculture predominantly focuses on its growth impact. Limited studies, often country-specific, examine agricultural output determinants using varied methodologies. Notably, Crude Oil Producing Countries in Africa (COPCA) have been underexplored despite their agricultural potential, particularly post-oil discovery. This study addresses the imperative to reevaluate agriculture and agricultural export trade as viable alternatives to oil economies amid the global push for decarbonization. Our primary contribution is identifying key determinants of agricultural export trade in 18 COPCA countries using four Generalized Method of Moments (GMM) models. Results indicate low agricultural output and exports, with insignificant impacts from domestic and global commodity prices, agricultural employment, exchange rates, inflation, trade openness, and domestic agricultural investment. Policy bias favoring the oil sector likely crowds out agricultural productivity
| Item Type: | Article |
|---|---|
| Subjects: | A General Works > AS Academies and learned societies (General) |
| Divisions: | Faculty of Management and Social Sciences |
| Depositing User: | Uchenna Eneogwe |
| Date Deposited: | 04 May 2026 09:46 |
| Last Modified: | 04 May 2026 09:46 |
| URI: | http://eprints.gouni.edu.ng/id/eprint/5637 |
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