Zimbabwe - Overseas Development Institute
Zimbabwe - Overseas Development Institute
Zimbabwe - Overseas Development Institute
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F i n a l l y the data from Figure 21, showing the annual v a r i a <br />
t i o n s i n GDP, MVA and AVA ( A g r i c u l t u r a l Value Added), need to be<br />
considered. Consistent with the data from Figure 20, these<br />
r e v e a l the f a r greater v o l a t i l i t y i n a g r i c u l t u r a l production than<br />
i n e i t h e r manufacturing or i n o v e r a l l GDP over the past 16 years.<br />
However there does appear to be a c l o s e r r e l a t i o n s h i p between<br />
annual changes i n a g r i c u l t u r a l and manufacturing growth before<br />
and a f t e r Independence: before Independence the annual changes<br />
i n the two sectors r e v e a l no d i s c e r n i b l e common pattern but a f t e r<br />
that date there i s f a r c l o s e r movement d i s c e r n i b l e between a l l<br />
three i n d i c a t o r s and i n the same d i r e c t i o n .<br />
Figure 21. Annual Changes in Gross Domestic Product, Kanufacturinq<br />
Value Added and Agricultural Value Added, 1970 to 1986.<br />
-| 1 1 1 1 1 1 1 1 1 1 -T"<br />
70-7171-7272-7373-7474-7S75-7676-7777-7S78-7S79-8Q30-8181-82B2-aB3-6«4-65e5-f<br />
Years<br />
O Ajnc VoliJe Added<br />
Source: Quarterly Monthly Digest of Statistics, December 1986 and<br />
National Income and Expenditure Report 1986.