The Bias Against Agriculture


Book Description

The International Food Policy Research Institute gathered experts in agricultural and economic growth from both government and academia to produce this study. Drawing on economic theory and empirical evidence, the contributors discuss the relative merits of alternative economic policies in a variety of countries, including Peru, Nigeria, Pakistan, and the Philippines. Annotation c. by Book News, Inc., Portland, Or.




The Effects of Trade and Exchange Rate Policies on Agriculture in Nigeria


Book Description

Focuses on the effects of Nigeria's trade and exchange rate policies on agricultural incentives especially during the 1970s, the period of the oil boom. Attempts to determine the degree of protection granted to agriculture compared with other sectors, and assesses how these policies affected the allocation of resources both within agriculture and among the other sectors.




The Effect of Agricultural Productivity on Economic Growth in Nigeria


Book Description

The crucial role agricultural productivity plays in the overall development of a nation cannot be overemphasized. It is not only seen as a key to poverty reduction and vehicle for promoting equity, fairness and social justice but also helps to supply the essential economic ingredients which are necessary condition for sustained economic growth. Thus, enhancing effective investment on the agricultural sector in order to boost its capacity has been a tenet of growth and development strategies of most developed countries. The basic objective of this work is to carry out an empirical investigation on the effect of agricultural productivity on economic growth in Nigeria, using annual time series data from 2000 to 2014. The paper employs the Ordinary Least Square (OLS) method. Empirical results indicate that there is, indeed a long-run relationship between agricultural productivity and economic growth. All the variables including, the GDP contribution of the agricultural sector, gross expenditure on agriculture and gross access to bank (agricultural) loans/credit had the expected positive signs in the Nigerian economy and were also tested in relation to economic growth by using the Pearson correlation co-efficient. The findings have a strong implication on agricultural policy in Nigeria. The study suggest that a concerted effort should be made by policy makers to concentrate on the productivity of the agricultural sector in order to boost its production capacity, which would enhance productivity of output and in turn stimulates economic growth.




The Impact Of Climate Change On Nigeria’s Agricultural Output. An Overview


Book Description

Research Paper (undergraduate) from the year 2020 in the subject Geography / Earth Science - Meteorology, Aeronomy, Climatology, grade: 1, Kogi State Polytechnic, course: Economics, language: English, abstract: This study investigates the impact of climate change on agricultural output in Nigeria economy within the period of 1986 to 2017. The study employed Autoregressive Distributed Lag Model (ARDL). The study examined the impact of climate change on Nigeria’s agricultural output. Investigated the existence of longrun relationship between climate change and agricultural outputs in Nigeria, examined the direction of causation between climate change and economic growth in Nigeria. From the findings it was discovered that one year lag value of carbon emission is highly significant, and it is positively related to agricultural output in the short run and long run. It was also discovered that one year lag of rainfall is negatively related to agricultural output and it is insignificant. Furthermore, it was also revealed that one year lag of temperature is positively related to agricultural output, meaning there is a positive relationship between agricultural output and temperature in Nigeria. The study therefore recommended that it is necessary for the government and other relevant authorities to constantly provide information on rainfall distribution ahead of time to help the farmers plan. And also recommended that government should ensure appropriate temperature information most especially there is need that various agricultural output needs to put into consideration.







Impacts of COVID-19 on food security: Panel data evidence from Nigeria


Book Description

This paper combines pre-pandemic face-to-face survey data with follow up phone surveys collected in April-May 2020 to quantify the overall and differential impacts of COVID-19 on household food security, labor market participation and local food prices in Nigeria. We exploit spatial variation in exposure to COVID-19 related infections and lockdown measures along with temporal differences in our outcomes of interest using a difference-in-difference approach. We find that those households exposed to higher COVID-19 cases or mobility lockdowns experience a significant increase in measures of food insecurity. Examining possible transmission channels for this effect, we find that COVID-19 significantly reduces labor market participation and increases food prices. We find that impacts differ by economic activities and households. For instance, lockdown measures increased households' experience of food insecurity by 12 percentage points and reduced the probability of participation in non-farm business activities by 13 percentage points. These lockdown measures have smaller impacts on wage-related activities and farming activities. In terms of food security, households relying on non-farm businesses, poorer households, those with school-aged children, and those living in remote and conflicted-affected zones have experienced relatively larger deteriorations in food insecurity. These findings can help inform immediate and medium-term policy responses, including social protection policies aiming at ameliorating the impacts of the pandemic, as well as guide targeting strategies of governments and international donor agencies by identifying the most impacted sub-populations.







Indirect Employment and Income Distribution Effects of Agricultural Development Strategies


Book Description

Economic research paper presenting a simulation approach to the evaluation of the indirect economic implications of alternative agricultural development strategies for production, employment and income distribution in Nigeria - analyses the effects of alternative food production promotion and export promotion strategies, considers simulated projections for 1983, etc., and includes some preliminary agricultural policy suggestions. Bibliography pp. 73 to 77 and statistical tables.