Agriculture as a Determinant of Zambian Economic Sustainability

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F60460709%3A41110%2F20%3A81947" target="_blank" >RIV/60460709:41110/20:81947 - isvavai.cz</a>

Výsledek na webu

<a href="https://www.mdpi.com/2071-1050/12/11/4559" target="_blank" >https://www.mdpi.com/2071-1050/12/11/4559</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.3390/su12114559" target="_blank" >10.3390/su12114559</a>

Jazyk výsledku

angličtina

Název v původním jazyce

Agriculture as a Determinant of Zambian Economic Sustainability

Popis výsledku v původním jazyce

For several years, the Zambian economy relied on the mining sector, which has been aected by fluctuations in commodity prices. The new century enhanced the calls for economic diversification, with the agricultural, manufacturing, and services sectors amongst those pronounced. This article focused on the role of agriculture in supporting the economy, particularly, the eect of agriculture on economic growth. The data analyzed was reviewed for the period from 1983 to 2017. The ARDL Bounds Test was applied in order to meet the said objectives. The ECM results suggest that agriculture, manufacturing, services, and mining converge to an equilibrium and aect economic growth at the speed of adjustment of 90,6%, with the eect from agriculture, mining, and services being significant. The impact of agriculture on economic growth was significant in both the shortrun and longrun, with coecient unit eects of 0,428 and 0,342, respectively. The eects are strong because more than two thirds of the rural pop

Název v anglickém jazyce

Agriculture as a Determinant of Zambian Economic Sustainability

Popis výsledku anglicky

For several years, the Zambian economy relied on the mining sector, which has been aected by fluctuations in commodity prices. The new century enhanced the calls for economic diversification, with the agricultural, manufacturing, and services sectors amongst those pronounced. This article focused on the role of agriculture in supporting the economy, particularly, the eect of agriculture on economic growth. The data analyzed was reviewed for the period from 1983 to 2017. The ARDL Bounds Test was applied in order to meet the said objectives. The ECM results suggest that agriculture, manufacturing, services, and mining converge to an equilibrium and aect economic growth at the speed of adjustment of 90,6%, with the eect from agriculture, mining, and services being significant. The impact of agriculture on economic growth was significant in both the shortrun and longrun, with coecient unit eects of 0,428 and 0,342, respectively. The eects are strong because more than two thirds of the rural pop

Druh

J_imp - Článek v periodiku v databázi Web of Science

CEP obor

—

OECD FORD obor

50202 - Applied Economics, Econometrics

Projekt

—

Návaznosti

S - Specificky vyzkum na vysokych skolach

Rok uplatnění

2020

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název periodika

Sustainability

ISSN

2071-1050

e-ISSN

2071-1050

Svazek periodika

12

Číslo periodika v rámci svazku

18

Stát vydavatele periodika

CZ - Česká republika

Počet stran výsledku

16

Strana od-do

1-16

Kód UT WoS článku

000543391800222

EID výsledku v databázi Scopus

2-s2.0-85085931976