Exploring the Impact of Agricultural Investment on Economic Growth in France

Bakari, Sayef and El Weriemmi, Malek (2022): Exploring the Impact of Agricultural Investment on Economic Growth in France.

Abstract

According to the World Bank (2021), agriculture is the main source of income for 80% of the world's poor. This sector therefore plays a key role in reducing poverty, increasing incomes, and improving food security. The aim of this paper is to study the impact of agricultural investment on economic growth in France. To attempt our goal, annual data was collected during the period 1978 – 2020 and was estimated by ARDL model. Empirical results indicate that in the long run and in the short run agricultural investment has a positive impact on France’s economic growth. These results argue that investments in the agricultural sector are an essential determinant of economic growth in France and motivate the need to adopt sound policies to further strengthen this sector.

• Item Type: MPRA Paper
• Language: English
• Keywords: Agricultural Investment, Economic Growth, Cointegration, ARDL Model, France.
• Subjects: O - Economic Development, Innovation, Technological Change, and Growth > O4 - Economic Growth and Aggregate Productivity > O47 - Empirical Studies of Economic Growth ; Aggregate Productivity ; Cross-Country Output Convergence; O - Economic Development, Innovation, Technological Change, and Growth > O5 - Economywide Country Studies > O52 - Europe; Q - Agricultural and Natural Resource Economics ; Environmental and Ecological Economics > Q1 - Agriculture > Q10 - General; Q - Agricultural and Natural Resource Economics ; Environmental and Ecological Economics > Q1 - Agriculture > Q18 - Agricultural Policy ; Food Policy

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