The Role of Honey Production in Economic Growth: Evidence from a Panel of Major Global Producers

Abstract

This paper investigates the contribution of honey production to economic growth. Considering a sample of the major honey producers coming from the Americas, Eastern and European groups, as well as by taking advantage of panel methodological approaches, the empirical analysis documents that honey production could serve as an engine of growth. The results also highlight that the honey industry seems to stronger contribute to economic growth in the case of the Eastern group followed by the Americas and European groups.