Effects of Agricultural Commodity Prices on Agricultural Output in Nigeria

نویسندگان

چکیده

In Nigeria, there is over-reliance on oil proceeds at the expense of revenue accrued to agriculture, which adversely affects standard living. The study examines effect commodity prices agricultural output in Nigeria. empirical model, depends maize, wheat, soya beans, and prices. Data covering 1991 2017 from Central Bank Nigeria Statistical Bulletin Food Agricultural Organisation was analysed using a fully modified OLS (FMOLS) technique. result shows that maize bean positively affect output, while wheat negatively This implies increases with increased falls an increase paper recommends need expand production commodities through direct government partnership farmers area supply expert knowledge, technology credit. Also, redirect populace's focus favour introduce subsidy for make its pricing attractive provide leverage farmers' occasional shocks their yield.

برای دانلود باید عضویت طلایی داشته باشید

برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

منابع مشابه

The Effects of Digital Trading Platforms on Commodity Prices in Agricultural Supply Chains

BBbk Dummy variable for each bean type (k) and buyer (b) combination (k = 1,b = 1 base case) BSsk Dummy variable for each bean type (k) and seller (s) combination (k = 1, s = 1 base case) TVmk Overall coffee export volume during month m (kilo tons) DFm Fraction of coffee export volume traded on the digital platform during month m Zbd, Zsd Indicator variable set to 1 if buyer b (seller s) had a ...

متن کامل

Discussion of Determinants of Agricultural and Mineral Commodity Prices

It is a pleasure to be invited to discuss this rich paper by Jeffrey Frankel and Andrew Rose. After the events of the past few years, with a range of commodity prices exhibiting great volatility, it is not hard to motivate Frankel and Rose’s choice of topic, seen from either a longor medium-term perspective. The authors use annual data, mainly in a panel context, to examine the relationship bet...

متن کامل

Effects of weather shocks on agricultural commodity prices in Central Asia

Higher weather volatility may be reflected in higher incidences of weather shocks. Weather shocks could potentially affect the supply of agricultural commodities and their prices. In this study, the effects of weather shocks on agricultural commodity prices in Central Asia are investigated at the provincial scale using monthly data for the period of 2000-2010. The study uses an innovative estim...

متن کامل

Linkages among agricultural commodity futures prices: evidence from Tokyo

Malliaris and Urrutia (1996) use cointegration to analyse the prices of agricultural commodity futures contracts traded on the Chicago Board of Trade (CBOT). They ® nd a long-run relationship among US grown corn, wheat, oat, soybean, soybean meal and soybean oil futures prices and assert that this empirical ® nding is consistent with two alternative hypotheses. The ® rst is that common economic...

متن کامل

The Effects of Public Expenditure on Agricultural Production Output in Nigeria

The study examined the effects of government spending on the agricultural sector in Nigeria. The objectives were to: ascertain the effects of government expenditure (GEA), deposit money banks loan (DBA) and gross capital formation (GCF) on agricultural production output in Nigeria. The quasi-experimental research design was employed. The study employed time series data in its analysis. Data ado...

متن کامل

ذخیره در منابع من


  با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید

ژورنال

عنوان ژورنال: Journal of economic impact

سال: 2022

ISSN: ['2664-9756', '2664-9764']

DOI: https://doi.org/10.52223/jei4032203