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.
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ژورنال
عنوان ژورنال: Journal of economic impact
سال: 2022
ISSN: ['2664-9756', '2664-9764']
DOI: https://doi.org/10.52223/jei4032203