Analysis of Agricultural Exports and Economic Growth in Benin

Abstract

The agricultural sector remains a potential lever for economic growth in the South Thus agriculture now represents only 23 of GDP in low-income countries 10 in intermediate countries and 2 in high-income countries In this situation our paper aims to empirically analyse the impact of agricultural exports on economic growth in Benin The econometric specifications are derived from a neoclassical production function and use data covering the period 1970-2021 The empirical results show that agricultural exports have a positive effect on economic growth The causality test proves the existence of a causal relationship from economic growth to agricultural exports In particular these results prove the importance of an economic policy favourable to the promotion of agricultural investment in Benin