Agricultural productivity estimates for nigeria showed a decline in productivity growth from the 1960s to the 1980s. These locational matrices growth centers are primarily industrialurban. Output has increased at nearly twice the rate of earlier periods, fueled partly by. The impact of agricultural output on economic growth in nigeria. The impact of agricultural productivity on welfare growth of farm households in nigeria. This study investigates the links existing between inflationary trend, agricultural productivity and economic growth in nigeria using time series data spanning from 1970 to 2011. Agriculture is the backbone of nigeria s socioeconomic development. Pls i need information on the impact of agricultural product on nigeria economic development,thanks. Impact of access to credit on agricultural productivity. Introduction ethiopia is one of the subsaharan african countries which liberalize its economy to maintain in all sectors a sustained economic growth and reduce poverty. The existing economic organization works best at or near the center of a particular matrix of economic development, and it also works best in those parts of agriculture. Effects of deposit money banks credit on the performance of micro, small and medium enterprises in nigeria. Nigeria has witnessed strong economic growth in the past few years, averaging 8. In fact, the industrial sector takes its roots from the agricultural sector.
That said, agricultural growth varies considerably across countries, see box a. Since our inception, the agricultural development team has recognized nigeria as an important priority geography given its size and agricultural potential. Pdf the impact of agricultural productivity on welfare. The determinants of agricultural productivity and rural household. Agriculture is critical to achieving global poverty reduction targets and it is still the single most important productive sector in most low income countries, often in. Although governments involvement was limited to creating policy instruments. Despite the strategies adopted by various governments in nigeria to address agriculture and rural underdevelopment problem, the story remains the same. Pdf agricultural output and economic growth researchgate. Pdf agricultural production and economic growth in.
Acta universitatis agriculturae et silviculturae mendelianae brunensis, 642. Agricultural productivity, socio economic characteristics, maize farmers introduction one of the major problems facing agricultural productivity in nigeria is illiteracy. Pdf this paper examines the long run relationship between agricultural output and economic growth in nigeria for the period 1981 to 2014. Economic growth, economic development, gdp, agricultural output. Nigeria agriculture, information about agriculture in nigeria. Agricultural value added, labour and capital productivity, error correction model ecm, economic growth, nigeria. Trends and drivers of agricultural productivity in nigeria. The sector is being transformed by commercialization at the small, medium and largescale enterprise levels. The crucial role agricultural productivity plays in the overall development of a nation cannot be overemphasized. The sectors productivity estimates for nigeria reveals a fall in agricultural productivity growth since the 1970s. This study examined the impact of agricultural productivity on economic growth in nigeria between the periods of 1981 to 2015. It argues that agricultural productivity growth is neither a necessary nor sufficient condition for economic growth but that in many developing countries, agricultural productivity growth is nevertheless the first and most important source of economic growth.
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 johansen cointegration test was employed to determine the existence of long run relationship between agricultural productivity and economic growth. Economic growth, agricultural productivity, nigeria is generously blessed with natural resources agricultural sector, gross domestic product gdp. In doing this, the paper is organized into five sections. The results of the analyses indicate a unidirectional causality from. Impact of fiscal policy on the growth of agricultural sector in nigeria, 198120 okoh, abo sunday department of economics, federal university wukari, nigeria. Evidence from smallholder cassava farmers in nigeria b. It involves and comprises of crop production, livestock and forestry, fishery, processing and marketing of those agricultural. Relavant of agricultural engineering to agricultural extension in the growth of economy. Higher agricultural productivity is vital for economic growth, especially in africa, because of strong growth linkages and comparative advantages in trade. Agriculture in africa must accelerate growth by exploiting its po tential to achieve food security, reducing its dependence on the international market and contributing to global economic growth. Generally, the agricultural sector contributes to the development of an economy in four major ways product contribution, factor contribution.
Through growth in agricultural productivity and higher farm profits, the rural poor can generate additional income to purchase more food, including more diverse kinds of food. Over the last ten years the sustainable economic growth brought. The challenges of agriculture and rural development in. At this point in nigeria s development, the best approach is to focus on the agricultural sector. Trends and drivers of agricultural productivity in nigeria ifpri. Agriculture is the cultivation of land, raising and rearing of animals for the purpose of production of food for man, animals and industries. Okafor structural change and real output growth in nigeria. The contribution of finance to agricultural production in nigeria mbutor, o. Pdf agricultural output and economic growth in nigeria. The contribution of agricultural sector on economic growth of nigeria. Agriculture productivity and macroeconomic stability 10 context matters 10 empirical evidence 11 agricultural sectors contribution to the national economy 11 agriculture s contribution to economic growth 12 agriculture, longterm economic growth and structural transformation 15.
Harvesting prosperity technology and productivity growth in agriculture keith fuglie, madhur gautam, aparajita goyal, and william f. What is the relevance of agriculture sector on economic growth, the cause of agricultural backwardness and how the present state of nigeria agricultural productivity will be improved. Agricultural production and economic growth in nigeria. A panel data analysis, authormulubrhan amare and jennifer denno ciss\e and nathaniel d. Agricultural sector in nigeria has overtime become an important sector of the economy. Impact of agricultural sector on economic growth of nigeria. The determinants of agricultural productivity and rural. The contribution of finance to agricultural production in. Agriculture in nigeria is a branch of the economy in nigeria, providing employment for about 30% of the population as of 2010. Pdf the effect of agricultural productivity on economic.
Pdf the study investigated the contribution of agricultural sector output to the growth of the domestic economy in nigeria for the period. This research work examined the impact of agriculture output on economic growth in nigeria, with the objective of determining the relationship between the. From the standpoint of occupational distribution and contribution to the gdp, agriculture was the leading sector. Agricultural output and economic growth in nigeria semantic. Agriculture is the economic mainstay of the majority of households in nigeria udoh, 2000 and is a significant sector in nigeria s economy amaza, 2000. This paper investigates the impact of agricultural exports on economic growth in nigeria using ols regression, granger.
This study investigates the links existing between inflationary trend, agricultural productivity and economic growth in nigeria using time series data spanning from. Agriculture has been the backbone of the economy in nigeria providing employment and source of livelihood for the increasing population it accounts for over half of the gdp of the nigerian economy as at independence in 1960 tonuchi, 2017. By focusing on agricultural development, nigeria can speed up its economic growth in the coming decade 3. Most industrialized countries over the years have passed through the agrarian era. Pdf this paper examines the long run relationship between agricultural output and economic growth in nigeria for the period 1981 to 2014 using time. Agricultural production and economic growth in nigeria 2 quarterly journal of international agriculture 53 2014, no. Effect of agricultural output on economic growth in nigeria 1981.
Agricultural output and economic growth in nigeria ibima publishing. In this paper, we investigate the impact of agricultural productivity. Economic development occurs in a specific locational matrix. By the time it is completed we shall be in a position to ascertain how much has been achieved in this regard. Pdf the effect of agricultural productivity on economic growth in. Agricultural sector performance and nigerias economic growth.
Impact of the agricultural sector on nigerias economic growth. Impact of the agricultural sector on nigeria s economic growth. The role of agricultural sector performance on economic growth in. Contribution of agriculture to economic growth in nigeria1.
In this paper, we argue that despite the fact that agriculture still remains the main engine for economic growth and poverty reduction in malawi, the sector has not received the necessary support in terms of investments for research and development. But africa missed out on this and the continued lack of progress in agricultural productivity has been blamed for holding back the regions overall economic growth. Clearly more needs to be done to raise agricultural. The relationships of inflationary trend, agricultural. The impact of agricultural productivity on welfare growth. By focusing on agricultural development, nigeria can speed up its economic growth in the coming decade. This has over the years posed great challenges to agricultural development as well as productivity.
The relationships of inflationary trend, agricultural productivity and. Agricultural productivity growth and poverty alleviation. Livestock development is an important component of nigeria agriculture with abundant social and economic. Manyong4 1department of agricultural economics, university of ibadan, nigeria 2international institute of tropical agriculture iita, ibadan, nigeria 3international institute of tropical agriculture iita, lilongwe, malawi. The fact that economic growth is necessary for sustained development, coupled with data limitation, informs our focus on investigating the contributions of agriculture to economic growth, as measured by gross domestic product gdp, in nigeria. The impact of agricultural exports on economic growth in nigeria. Higher agricultural productivity can deliver a triple dividend. Chapter 73 agricultural productivity and economic growth. As early as 2007, the foundation invested in several key areas, including valuechain development, soil health, and crop improvement. Challenges and opportunities for raising agricultural.
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