The role of agriculture in economic development in Somalia
This study investigates the relationship between agriculture and economic growth in Somalia over the period from 1980 to 2020. The research objectives encompassed describing the role of agriculture employment, agriculture exports, and crop production in contributing to economic development during...
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| Main Authors: | , , , |
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| Format: | Article |
| Published: |
Human Resource Management Academic Research Society
2023
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| Online Access: | http://psasir.upm.edu.my/id/eprint/109176/ https://hrmars.com/index.php/IJARBSS/article/view/19827/The-Role-of-Agriculture-in-Economic-Development-in-Somalia |
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| Institution: | Universiti Putra Malaysia |
| Summary: | This study investigates the relationship between agriculture and economic growth in Somalia
over the period from 1980 to 2020. The research objectives encompassed describing the role
of agriculture employment, agriculture exports, and crop production in contributing to
economic development during the specified time frame. To achieve these objectives, the
study employed the Autoregressive Distributed Lag (ARDL) model, a form of regression
analysis that utilizes historical data to identify relationships between variables. The
dependent variable chosen to represent economic development was the Gross Domestic
Product (GDP), while the independent variables included the agriculture employment rate,
agriculture exports, and crop production. Data analysis was performed using E-views
software, and descriptive statistics and graphical representations were utilized to present the
findings effectively. Secondary data were sourced from reputable institutions such as the
World Bank, International Monetary Fund (IMF), and the Statistical, Economic and Social
Research and Training Centre for Islamic Countries (SESRIC) for the extensive period from
1980 to 2020. The results revealed a positive relationship between the agricultural sector and
Somalia's GDP, indicating that an increase in agricultural activities positively impacted the
country's economic growth. These findings highlight the significance of agriculture as a driving
force behind economic development in Somalia during the examined period. As such,
policymakers and stakeholders should consider investing in and promoting the agriculture
sector to foster sustainable economic growth in the country. |
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