Welfare Achievement in Benin
Exploring the Interaction Between Raw Cashew Nut Export Revenue and Industrialisation
Bibliographic Data
| ID | 6445837 |
|---|---|
| Authors | Armand Fréjuis Akpa (0000-0001-7613-9445, Université d'Abomey-Calavi, corresponding author) |
| Year | 2025 |
| Volume | 17 |
| Issue | 4 |
| Publication date | 2025-10-16 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Poverty & Public Policy (JOURNAL) |
| Journal identifiers | ISSN: 1944-2858 • E-ISSN: 2194-6027 |
| Publisher | Wiley (PUBLISHER • GB) |
| DOI | 10.1002/pop4.70038 |
| OpenAlex | W4415245360 |
| Language | EN |
| References cited | 37 |
Welfare remains a major challenge in Africa despite its rich natural and human resource endowments. While agriculture is often a key tool for poverty reduction, especially in Benin, policymakers view industrialization as crucial for tackling unemployment and improving welfare. However, progress in this area remains slow. This study investigates how revenue from agro‐industrialized product exports can achieve welfare in Benin. Thus, data were collected from 1991 to 2022, and ordinary least squares, instrumental variables‐two‐stage least squares, and instrumental variable generalized method of moments were used for estimation. The results revealed that raw cashew nut export revenue and industrialization reduced welfare, while their interaction improved welfare, meaning that revenue from exported agro‐industrialization products, especially from exported cashew nut manufacturing, improved welfare in Benin. Thus, policies aimed at further strengthening agro‐industrialization by continuing the structural transformation in Benin will improve population welfare. However, the government must ensure welfare equity between the rural and urban areas
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Drivers of change in global agriculture
Estimation and inference in econometrics
Capabilities and Satisfaction with Life
Women's engagement in agriculture and income inequality in sub-Saharan Africa
Economic Development with Unlimited Supplies of Labour
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Agro-industrialisation and food security
The industrialisation thesis, revisited
The Development of a Dual Economy
Development of the Labour Surplus Economy
The Effect of Urbanization and Industrialization on Income Inequality
| Citation velocity | historical |
|---|---|
| Highly cited | No |