Agriculture as a Determinant of Zambian Economic Sustainability

Phiri, Joseph; Majune, Socrates Kraido; Appiah-Kubi, Seth Nana Kwame; Gebeltová, Zdeňka; Maitah, Mansoor; Malec, Karel; Abdullahi, Kamal Tasiu

doi:10.3390/su12114559

Cited by 30 publications

(24 citation statements)

References 31 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Thus, African countries with higher GDP are seen by foreign businesses as being viable for investment opportunities. Our result was consistent with studies by [48,57,58]. Other control variables-like the protection of investors, the efficiency of the legal framework in challenging regulations, the efficiency of the legal framework in settling disputes, and inflation-were insignificant in influencing foreign investors in Sub-Saharan African countries.…”

Section: Ols and Fgls Resultssupporting

confidence: 92%

Foreign Ownership in Sub-Saharan Africa: Do Governance Structures Matter?

et al. 2020

Self Cite

View full text Add to dashboard Cite

It has been widely argued that governance structures have roles in the predominance of foreign ownership in Sub-Saharan African countries. Our paper sought to challenge this conventional wisdom by investigating the ways in which country-level governance structures influenced the predominance of foreign holdings in Sub-Saharan African countries for the period 2010–2015. The study used panel sampling annual data from thirty countries in Sub-Saharan Africa, with Ordinary Least Squares (OLS) and Feasible Generalized Least Squares (FGLS) as our discussion estimators. Our statistical results reveal that there is a significant positive relationship between government effectiveness and the predominance of foreign ownership in Sub-Saharan African countries. Furthermore, foreign ownership predominates in Sub-Saharan African economies that have sound political stability and embrace effective and efficient regulations. Moreover, the relationship between corruption and the prevalence of foreign ownership is negative but significant. However, the rule of law, and voice and accountability, are insignificant to the predominance of foreign ownership in Sub-Saharan Africa. Our results suggest that governments in Sub-Saharan Africa should adopt robust and efficacious measures, strengthen their policies and institutions to promote the control of corruption, provide quality regulations, and minimize political violence.

show abstract

Section: Ols and Fgls Resultssupporting

confidence: 92%

Foreign Ownership in Sub-Saharan Africa: Do Governance Structures Matter?

et al. 2020

Self Cite

View full text Add to dashboard Cite

show abstract

“…Failure to establish the determinates of export duration by Banda and Simumba [18] is a deficiency that we address in this study. In addition, Banda and Simumba [18] did not describe export duration by product categories, yet sectors such as agriculture exhibit potential for Zambia's export growth in the future [5]. It is these two research gaps that this paper fills.…”

Section: Introductionmentioning

confidence: 95%

“…Zambia is endowed with natural resources, particularly minerals such as copper [4]. However, there is a growing need for economic diversification, and the country is projected to grow faster by improving the agricultural sector [5]. Furthermore, contemporary challenges such as climatic change and the economic hardship caused by the COVID-19 pandemic have awakened Zambia and the entire globe to the need for food security.…”

Section: Introductionmentioning

confidence: 99%

Durability of Zambia’s Agricultural Exports

et al. 2021

Self Cite

View full text Add to dashboard Cite

This paper establishes the determinants of the export durability of agriculture products in Zambia with specific attention to maize, sugar, cotton, and tobacco between 1996 and 2019. We find that approximately 39% of Zambia’s agricultural products were exported beyond the first year of trading and less than 10% lasted up to 6 years of trading. The mean and median duration of exporting agricultural products in Zambia was 1.7 years and 1 year, respectively. Among the products, maize had the highest export duration after the first year of trading, followed by sugar, tobacco, and cotton. Results of the discrete-time logit and probit models with random effects revealed that the duration of total agricultural products was significantly impacted by common colony, contiguity, partner’s gross domestic product (GDP), Zambia’s GDP, initial exports, and total exports. Of these factors, colonial history and Zambia’s GDP reduced export duration, while contiguity, partner’s GDP, initial exports, and total exports increased the durability of exports in Zambia. The effect of Zambia’s GDP was uniform across all individual agricultural products. Total exports also significantly impacted all other agriculture products in a similar manner except for maize. Export durability for cotton was significantly impacted by the Regional Trade Agreements (RTAs), while the export durability of tobacco was significantly impacted by distance, contiguity, and partner’s GDP. To increase the duration of agriculture exports, we propose the exporting of finished agriculture products (and not just raw materials), which have a higher market value and duration probability. Farmers also need support with export subsidies, increased foreign market access (especially to economies with higher buying power), and negotiated favorable trade terms in the region and around the globe.

show abstract

“…It includes the creation of a socio-economic system that will provide support for the following objectives: increase in real income, increase in education, improvement of population health and quality of life [90,91]. Sustainable development is a process integrating human activity reduced to three dimensions: economic, social and environmental [92,93]. The economic aspect means meeting today's needs and securing the resources necessary to meet the needs of future generations.…”

Section: Discussionmentioning

confidence: 99%

Financial Diversity and the Development Process: Case study of Rural Communes of Eastern Poland in 2009–2018

Dziekański

Prus

2020

Sustainability

View full text Add to dashboard Cite

In the modern state, the role and importance of communes is growing. They can carry out their tasks when equipped with stable and efficient sources of income. Financial resources are the basis for the operation and implementation of current and development tasks. Their analysis makes it possible to assess the budget structure and provides information on the state of the local economy or endogenous growth potentials. The aim of the article is to assess the diversity of the financial situation of rural communes using a synthetic measure. In addition, using the econometric models, the impact of socio-economic factors on the diversity of the measure of synthetic financial situation was examined. In order to build synthetic measures, the Technique for Order Preference by Similarity to an Ideal Solution method and based on distance in real space with Euclidean metrics were used. The aggregated value of the synthetic variable facilitates the comparison of objects in multidimensional spaces, but also makes it possible to order them due to the examined phenomenon. Empirical data were collected in spatial terms of 484 rural communes in the Eastern Poland region. In the case of municipalities, the choice of variables was largely determined by the availability of secondary data collected in a municipal system at the Local Data Bank of the Central Statistical Office for 2009–2018. The analysis showed that the rural communes of eastern Poland are characterized by significant disproportions in terms of financial standing. Rural communes with the best financial condition were characterized by a higher share of own revenues in total revenues, a higher level of income from local taxes and obtained from the share in the tax on natural and legal persons. It seems that the main reason for the relatively small impact of financial conditions on economic and social development is their strong dependence on transfer revenues transferred from the state budget and the amount of current expenditure. The above circumstances stiffen and stabilize the financial economy, making it relatively less susceptible to the influence of other factors. The obtained results may constitute for the local authorities an important source of information on the disproportions occurring between units on setting out potential directions for optimizing the structure of local finances.

show abstract

Agriculture as a Determinant of Zambian Economic Sustainability

Cited by 30 publications

References 31 publications

Foreign Ownership in Sub-Saharan Africa: Do Governance Structures Matter?

Foreign Ownership in Sub-Saharan Africa: Do Governance Structures Matter?

Durability of Zambia’s Agricultural Exports

Financial Diversity and the Development Process: Case study of Rural Communes of Eastern Poland in 2009–2018

Contact Info

Product

Resources

About