Academy of Accounting and Financial Studies Journal

1528-2635

Abstrait

Productive Sectors and Economic Growth in Sudan (1980-2019)

Muawya Ahmed HusseinOmran Abbas Yousif Abd Allah, Hanaa Mahmoud Sid Ahmed

 This paper’s emphasis is on the performance of, and the weak linkages between, the productive sectors in Sudan, namely, agriculture, industry, oil, and mining. The main objective of the paper is to test the impact of performance in these sectors on the growth of Gross Domestic Product (GDP) in Sudan during the period 1980–2019. Sudan is rich in natural and economic resources. The fact that it has been classified by the United Nations as a poor country is due to the lack of strategic plans and macroeconomic policies for the national economy. The productive capacity of Sudan is limited despite its natural resource potential and accumulation of human capital; this may be attributed to the absence of institutions that facilitate inclusive and sustainable economic growth. This paper uses the ARDL model for co-integration to estimate the impact of various productive sectors – agricultural, industrial, and oil and mining – on the real GDP for the period using secondary data collected from the Central Bank of Sudan (CBS) and the Central Bureau of Statistics. The findings show that in the long run, the real values of agriculture products, industrial output, and oil and mining products have positive and significant effects on Real GDP. This is completely consistent with the existing economic theory.