Ghana ’s 10 percent agriculture expenditure saga

AUTHOR

Samuel Benin , Ernesto Tiburcio

SERIES NAME

ReSAKSS Issue Note

YEAR

2019

ABSTRACT

This note presented revised estimates for Ghana in accordance with the official AU guidance note for assessing GAE against the CAADP 10 percent target. It also proposed a revised formula for obtaining parallel estimates when expenditures of Cocobod and other market-based PBCs are included in the calculations, which was achieved by adding expenditures of all market-based PBCs to GTE in the denominator to make it comparable to adding expenditures of Cocobod to GAE in the numerator. Going by the official AU guidance note and correcting other errors, the 2001–2015 average share of GAE in GTE is 3.3 percent, compared with the 9.2 percent in the agPER studies. When the expenditures of Cocobod and other market-based PBCs are included in a manner that is parallel to the estimator in AU guidance note, the 2001–2015 average share is 5.4 percent, compared with the 7.5 percent in the agPER studies.

PUBLISHER

ReSAKSS