Effect of research and development on agricultural sector growth in the East African community

his study empirically examined the effect of research and development on agricultural sector growth
in East African Community from the year 2000-2014. According to the endogenous growth theory,
research and development leads to increase in the stock of knowledge which in turn has got spill over
effects hence leads to economic growth. However, little is known on the effect of R&D on the
agricultural sector in the EAC hence the study sought to bridge this knowledge gap. The objective of
this study was to determine the effect of agricultural research and development on agricultural sector
growth. Panel data analysis was used with stationarity test conducted using Levin-Lin- Chu panel unit
root test. Stationarity test showed that some variables were stationary at level while others were
stationary after first differencing. Random effects regression results showed that explanatory variables
had a positive and significant relationship with the dependent variable and the recommendations are:
That R&D to be allocated more funds; more research scientists and agricultural labourers to be
employed, trained and motivated through better remuneration and good work environment; R&D based
knowledge to be disseminated to the public through publications; firms to train agricultural labourers
on how new technologies are being used and also to allocate them duties and responsibilities that
match their skills and that agricultural capital costs be subsidised.

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APA

Mose, N. & Ouru, L (2022). Effect of research and development on agricultural sector growth in the East African community. Afribary. Retrieved from https://afribary.com/works/effect-of-research-and-development-on-agricultural-sector-growth-in-the-east-african-community

MLA 8th

Mose, Naftaly, and Lawrence Ouru "Effect of research and development on agricultural sector growth in the East African community" Afribary. Afribary, 03 Oct. 2022, https://afribary.com/works/effect-of-research-and-development-on-agricultural-sector-growth-in-the-east-african-community. Accessed 22 Nov. 2024.

MLA7

Mose, Naftaly, and Lawrence Ouru . "Effect of research and development on agricultural sector growth in the East African community". Afribary, Afribary, 03 Oct. 2022. Web. 22 Nov. 2024. < https://afribary.com/works/effect-of-research-and-development-on-agricultural-sector-growth-in-the-east-african-community >.

Chicago

Mose, Naftaly and Ouru, Lawrence . "Effect of research and development on agricultural sector growth in the East African community" Afribary (2022). Accessed November 22, 2024. https://afribary.com/works/effect-of-research-and-development-on-agricultural-sector-growth-in-the-east-african-community