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2 edition of Macroeconomic Policy and the Effects on Agricultural Output in Nigeria (Issues in African Rural Development Monograph Series, 14.) found in the catalog.

Macroeconomic Policy and the Effects on Agricultural Output in Nigeria (Issues in African Rural Development Monograph Series, 14.)

Obasi Oji Ukoha

Macroeconomic Policy and the Effects on Agricultural Output in Nigeria (Issues in African Rural Development Monograph Series, 14.)

by Obasi Oji Ukoha

  • 359 Want to read
  • 6 Currently reading

Published by Winrock Pubns Sales .
Written in English

    Subjects:
  • Development - Economic Development,
  • Business & Economics,
  • Agriculture and state,
  • Economic policy,
  • Nigeria,
  • Business/Economics

  • The Physical Object
    FormatPaperback
    Number of Pages1
    ID Numbers
    Open LibraryOL12229349M
    ISBN 101573600210
    ISBN 109781573600217

    This study attempted to examines the consequences of macroeconomic policy indicators on agricultural performance in Nigeria. The data set for this study consists of annual time series from –The study employ a one-step dynamic forecast model. The Impact of Government Expenditure on Agriculture and Agricultural Output in Nigeria. CHAPTER ONE. INTRODUCTION. Background to the study. Agriculture involves the cultivation of land, raising and rearing of animals for the purpose of production of food for man feed, and raw materials for industries (Anyawu, , cited in Ebomche, ).Author: Chrisantus Oden.

    Nigeria: Economic Outlook 3 Contents Theme 1 Oil prices still lower for longer Theme 2 Economy growth gets a boost from high oil prices Theme 3 Inflation declines sharply, driven mainly by base effects Theme 4 Monetary Policy Rate set to fall, and then rise Theme 5 . THE IMPACT OF AGRICULTURAL OUTPUT ON THE ECONOMY OF NIGERIA. ABSTRACT Â This study has attempted to measure the impact of agricultural output on economic study made use of secondary data from sourced from various CBN publications and with the use of the ordinary least squares regression procedure, our estimates were : Chrisantus Oden.

    IMPACT OF AGRICULTURAL DEVELOPMENT ON THE ECONOMIC GROWTH AND DEVELOPMENT OF NIGERIA, Largest Undergraduate Projects Repository, Research Works and Materials. Download Undergraduate Projects Topics and Materials Accounting, Economics, Education. Also, in , the agricultural sector performed below the projected % of budgetary output (Lawal, ) The statement to be set to test in this paper is to examine whether there is a significant relationship between fiscal policy (proxied by government spending and taxes) and agricultural sector growth in Size: KB.


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Macroeconomic Policy and the Effects on Agricultural Output in Nigeria (Issues in African Rural Development Monograph Series, 14.) by Obasi Oji Ukoha Download PDF EPUB FB2

Macroeconomic policies on the Nigerian agricultural output in relation to its role as a source of food supply. However, while earlier studies have focused either only on monetary policy or fiscal.

Muftaudeen Olarinde O. et al.: Macroeconomic Policy and Agricultural Output in Nigeria: Implications for Food Security and sustain the sector to play this assigned role with special emphasis on the attainment of a sustainable level in the production of basic food [11]. It is noteworthy that Nigeria’s total agricultural land isFile Size: KB.

Macro-Economic Policies Affecting Agriculture The specific goal of macroeconomic policy is to help the nation pursue general goals of full employment, low or zero inflation, and growth in national income and economic output.

Macroeconomic policy has three dimensions namely: monetary policy, fiscal policy and trade policy. Abstract: The impact of macroeconomic policy on agricultural growth in Nigeria was estimated using time- series data and econometric analysis.

Our results show that Gross Domestic Product (GDP), Credit Loan to Agriculture (CLA) and exchange rates are significant with positive influences. causality between agricult ural output and economic growth in Nigeria. The nature of the causality however depends on the variable used to measure Agricultural output.

It is important to point out that some authors have been able to establish a direct relationship between macroeconomic policy and Agricultural output.

Ojede et al [ 28 ] employs a two-stage procedure to investigate the impact of macroeconomic policy reforms on the agricultural productivity growth of 33 African countries from to to analyze the data.

The results revealed a positive cause and effect relationship between agricultural output and gross domestic product (GDP) in Nigeria. Specifically, the study clearly shows that Agricultural Output has a strong influence on the Gross Domestic Product (GDP) with an estimated contribution of % between File Size: KB.

the impact of agricultural output on the economy of nigeria ABSTRACT This study has attempted to measure the impact of agricultural output on economic growth.

Examine the effects of livestock production on agricultural output in Nigeria. Evaluate the effects of livestock sub sector on economic growth in Nigeria.

5 Research Hypothesis In order to achieve the objectives of this study, the following null hypothesis are to be tested: Livestock production has no significant effect on agricultural output. THE IMPACT OF AGRICULTURAL OUTPUT ON THE NIGERIAN ECONOMY.

CHAPTER ONE GENERAL INTRODUCTION One of the important objectives of macroeconomic policy in has been the rapid economic growth of an economy. Economic growth is defined as “the process whereby the real per capita income of a country over a long period of time.”.

The purpose of the study is to examine the impact of agricultural output on the growth of the Nigerian economy, specifically. The objectives are: To know if there are government policies that support agriculture in Nigeria and if there are, how effective and efficient. Implication of this result is that holding other variables constant, a unit increase in CBAC will increase agricultural output by There is also a direct relationship between agricultural export and agriculture output, this implies that holding other variable constant, a unit increase in AGRXP will increase agricultural output by Downloadable (with restrictions).

The existence of linkages between the agricultural sector and the rest of the economy points to the specificity of that sector and justifies why we can conceive of a macroeconomics of agriculture.

The primary sector is characterized by product homogeneity, a pre-condition for the absence of imperfect competition. agricultural output. Between andthe rate of growth in total factor productivity in agriculture was on an annual average basis (Ahearn, Yee, Ball, and Nehring, ).

Using as the base year (i.e., =), the index of agricultural output wascompared to the index of all farm inputs of 97 (Figure 1).File Size: KB. The specific objectives considered in this study involved: examination of the structure and the impact of macroeconomic policies adopted in Nigeria on agribusiness output.

The Effect of monetary policy on agricultural output in Nigeria. Most researches on the Nigerian agricultural sector has not been specific enough in terms of laying emphasis on credit availability in relation to monetary policy and the actions of the Central Bank of Nigeria as it affects the rural farmer and agricultural businesses, which affect the total agricultural output in the economy.

many macroeconomic variables are not stable. Hence, the effects of various macroeconomic shocks depend on the exchange rate policy adopted by the country, it is therefore important to investigate the effects of exchange rate fluctuations on the Nigeria economic growth and also the factors that influence exchange rate in Nigeria.

THE EFFECT OF MONETARY POLICY ON AGRICULTURAL OUTPUT IN NIGERIA THE EFFECT OF MONETARY POLICY ON AGRICULTURAL OUTPUT IN NIGERIA CHAPTER ONE INTRODUCTION Background of the Study The significance of agriculture in bringing about economic growth and development of a nation cannot be underestimated, the reason why a nation possesses sustainable.

macroeconomic policies was assessed for a large number of developing countries; this influenced, to a great extent, the thinking about the relationship between agriculture and the macroeconomic environment and on agricultural policy.

Some of their conclusions are itemized below: *Most countries protected importables. On average. Agriculture in most developing nations serve as the major sector that is vital for economic growth and provides employment to great segments of the populace.

Nigeria as a developing country is yet to utilize this sector's abundance judiciously to aid growth and by: 2.Macroeconomic policies have been used in Nigeria which has directly and indirectly influenced agricultural output growth. There is an indication that the country's exchange rate regime has not encouraged agricultural export lately.This study examines the impact of fiscal policy on agricultural output in Nigeria using the most recent official data.

The metrics for fiscal policy is government capital expenditure and custom duties on fertilizer. The study used annual time series data obtained from CBN annual statistical bulletin, NCS, and FIRS which was found to be stationary at the order of I(1) and I(0).Cited by: 1.