Determinants of Agricultural Land Expansion in Nigeria: an Application of Error Correction Modeling (ecm)
نویسنده
چکیده
This study used an ECM to analyze the determinants of agricultural land expansion in Nigeria. Results show that at first differencing, Augmented Dickey Fuller test indicated stationarity for all the variables (p< 0.05) and there were 7 cointegrating vectors using Johansen test. The dynamic unrestricted short-run parameters of permanent cropland growth rates (68.62), agricultural production index (10.23), livestock population (0.003), human population (-0.145), other land (-0.265) and cereal cropland growth rate (0.621) have significant impact on agricultural land expansion (p< 0.05). The study recommended that appropriate policies to address the problem of expansion of agricultural land and agricultural production must focus on development of cereal and permanent crop hybrids that are high yielding and resistant to environmental stress, human population control and guided use of land for industrial and urban development, among others.
منابع مشابه
An Application of the Two-Regime Threshold Vector Error Correction Model to Analyze Asymmetric Price Transmission of Milk in Zanjan Province of Iran
In this paper asymmetric price transmission mechanism and nonlinear adjustment between producer and retail prices of milk were examined in Zanjan Province of Iran. For this purpose, a Two-Regime Threshold Vector Error Correction Model (TVECM) and a Sup-LM Test developed by Hansen and Seo (2002) were employed for checking presence of a threshold effect. Application of unit root tests indicated...
متن کاملEffect of Land Fragmentation on Smallholders’ Productivity in Imo State, Nigeria
This study analyzed the determinants of the productivity of smallholder arable crop farmers with a particular focus on land fragmentation using the Simpson Index as measures of land fragmentation in Imo state of Nigeria. Data collected by using structured questionnaire and interview schedules were analyzed using simple descriptive statistics; Simpson index and regression analysis. Results showe...
متن کاملThe 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 کاملEffect of Petroleum Pricing on Agricultural Production in Nigeria: An Error Correction Modeling Approach
Nigeria is a dominant economic force in sub-Saharan Africa with a strong economy as well as booming oil and agricultural sectors. However, over-dependence on the production and export of oil as well as food imports has rendered the economy vulnerable to global price fluctuations. The increasing spate of fluctuations in the world price of oil affects not only the economic sector but also agricul...
متن کامل