Publicação
The macroeconomy and agricultural production in Mozambique
| Resumo: | The agricultural sector plays a vital role in the development of Mozambique’s economy, so it is important to understand the relation between the macroeconomic environment and this sector. This master thesis examines the relationship between macroeconomic variables and agricultural production in Mozambique, adopting the classical regression model and using bootstrap, with the endogenous variable being total production, regressed in several covariates. The time horizon is from 1980 to 2012. A robust test is undertaken, estimated by a Bayesian model. The empirical results revealed that macroeconomic variables have a significant impact on agricultural production. The variables that had the most impact on agricultural production were area harvested, labor force, interest rate, GDP and exchange rate. Policy implications are derived. |
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| Autores principais: | Abbas, Máriam Abdul Gani |
| Assunto: | macroeconomic variables agricultural production Mozambique variáveis macroeconómicas produção agrícola Moçambique |
| Ano: | 2014 |
| País: | Portugal |
| Tipo de documento: | dissertação de mestrado |
| Tipo de acesso: | acesso aberto |
| Instituição associada: | Universidade de Lisboa |
| Idioma: | inglês |
| Origem: | Repositório da Universidade de Lisboa |
| Resumo: | The agricultural sector plays a vital role in the development of Mozambique’s economy, so it is important to understand the relation between the macroeconomic environment and this sector. This master thesis examines the relationship between macroeconomic variables and agricultural production in Mozambique, adopting the classical regression model and using bootstrap, with the endogenous variable being total production, regressed in several covariates. The time horizon is from 1980 to 2012. A robust test is undertaken, estimated by a Bayesian model. The empirical results revealed that macroeconomic variables have a significant impact on agricultural production. The variables that had the most impact on agricultural production were area harvested, labor force, interest rate, GDP and exchange rate. Policy implications are derived. |
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