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Research Article Open access CC BY 4.0

Analysis of the Effects of Public Expenditure on Agricultural Growth in Mali

Abdoulaye Maïga, Amadou Bamba, Boubacar Sy, Georges Hady Keita, Issoufou Soumaïla Mouleye, Moussa Diallo

Asian Journal of Agricultural Extension, Economics & Sociology · pp. 42–50 · Published 7 Jul 2021

10.9734/ajaees/2021/v39i730607

Abstract

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.

Public expenditure economic growth ARDL Mali

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