Please use this identifier to cite or link to this item: https://hdl.handle.net/1959.11/16331
Title: Econometric Analysis of the Dynamic Relationship between Agricultural Research Expenditures and Agricultural Output: Case of Lesotho
Contributor(s): Thamae, Mampiti (author); Parton, Kevin (supervisor)
Conferred Date: 1995
Copyright Date: 1995
Open Access: Yes
Handle Link: https://hdl.handle.net/1959.11/16331
Abstract: Agriculture is an important sector in the economy of Lesotho. However its contribution to the country's economy is handicapped by a multiplicity of factors, most importantly, by shortage of arable land, acute soil erosion and poor agricultural practices. As an attempt to improve productivity of the sector, the government of Lesotho has embarked on a number of activities including the establishment of the Lesotho Agricultural Research Division and the agricultural research system. These efforts may have an important impact on the growth of agriculture in Lesotho. It is therefore important to know the extent of contribution of agricultural research to agricultural output. In this study an attempt has been made to investigate the causal relationship between public agricultural research expenditures and agricultural output as well as the lagged response of agricultural output to changes in public agricultural research expenditures. To accomplish these objectives cointegration tests and then Granger-causality tests were performed through the ECM models. Also, the lag length tests were performed through the AIC and SC to investigate the lagged response of agricultural output to agricultural research. The findings of the study suggest that agriculture in Lesotho is driven by agricultural research. Additionally, the study suggest that it takes seven or eight years for public agricultural research expenditures to have a significant impact on agricultural output in Lesotho.
Publication Type: Thesis Masters Research
Rights Statement: Copyright 1995 - 'Mampiti Thamae
HERDC Category Description: T1 Thesis - Masters Degree by Research
Statistics to Oct 2018: Visitors: 165
Views: 166
Downloads: 8
Appears in Collections:Thesis Masters Research

Files in This Item:
8 files
File Description SizeFormat 
open/SOURCE05.pdfThesis, part 22.38 MBAdobe PDF
Download Adobe
View/Open
open/SOURCE03.pdfAbstract355.05 kBAdobe PDF
Download Adobe
View/Open
open/SOURCE04.pdfThesis, part 11.97 MBAdobe PDF
Download Adobe
View/Open
1 2 Next
Show full item record

Page view(s)

138
checked on Mar 4, 2019

Download(s)

48
checked on Mar 4, 2019
Google Media

Google ScholarTM

Check


Items in Research UNE are protected by copyright, with all rights reserved, unless otherwise indicated.