Impact of agricultural sector on economic growth of nigeria. Agricultural productivity, socio economic characteristics, maize farmers introduction one of the major problems facing agricultural productivity in nigeria is illiteracy. Agricultural productivity estimates for nigeria showed a decline in productivity growth from the 1960s to the 1980s. Pdf this paper examines the long run relationship between agricultural output and economic growth in nigeria for the period 1981 to 2014. The impact of agricultural productivity on welfare growth of farm households in nigeria.
This paper investigates the impact of agricultural exports on economic growth in nigeria using ols regression, granger. Challenges and opportunities for raising agricultural. Agricultural output and economic growth in nigeria semantic. Impact of the agricultural sector on nigerias economic growth. In fact, the industrial sector takes its roots from the agricultural sector. 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. Agricultural sector in nigeria has overtime become an important sector of the economy. The impact of agricultural productivity on welfare growth of farm. Most industrialized countries over the years have passed through the agrarian era. Despite the strategies adopted by various governments in nigeria to address agriculture and rural underdevelopment problem, the story remains the same. Agricultural output and economic growth in nigeria ibima publishing. In doing this, the paper is organized into five sections.
Agriculture is the cultivation of land, raising and rearing of animals for the purpose of production of food for man, animals and industries. Since our inception, the agricultural development team has recognized nigeria as an important priority geography given its size and agricultural potential. Impact of access to credit on agricultural productivity. 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. Generally, the agricultural sector contributes to the development of an economy in four major ways product contribution, factor contribution. The role of agricultural sector performance on economic growth in. Agriculture in nigeria is a branch of the economy in nigeria, providing employment for about 30% of the population as of 2010. At this point in nigeria s development, the best approach is to focus on the agricultural sector. The relationships of inflationary trend, agricultural. 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. Pdf the impact of agricultural productivity on welfare. Economic growth, economic development, gdp, agricultural output.
Pls i need information on the impact of agricultural product on nigeria economic development,thanks. The contribution of agricultural sector on economic growth of nigeria. 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. The challenges of agriculture and rural development in. 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. Clearly more needs to be done to raise agricultural. Higher agricultural productivity can deliver a triple dividend. Impact of the agricultural sector on nigeria s economic growth. The results of the analyses indicate a unidirectional causality from. 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. Pdf the effect of agricultural productivity on economic growth in. The determinants of agricultural productivity and rural household.
Impact of fiscal policy on the growth of agricultural sector in nigeria, 198120 okoh, abo sunday department of economics, federal university wukari, nigeria. Higher agricultural productivity is vital for economic growth, especially in africa, because of strong growth linkages and comparative advantages in trade. That said, agricultural growth varies considerably across countries, see box a. Agricultural production and economic growth in nigeria. Pdf agricultural production and economic growth in. Livestock development is an important component of nigeria agriculture with abundant social and economic. Pdf the study investigated the contribution of agricultural sector output to the growth of the domestic economy in nigeria for the period. The determinants of agricultural productivity and rural. Relavant of agricultural engineering to agricultural extension in the growth of economy. Over the last ten years the sustainable economic growth brought.
Pdf agricultural output and economic growth researchgate. The sectors productivity estimates for nigeria reveals a fall in agricultural productivity growth since the 1970s. This has over the years posed great challenges to agricultural development as well as productivity. The impact of agricultural productivity on welfare growth. The crucial role agricultural productivity plays in the overall development of a nation cannot be overemphasized. The relationships of inflationary trend, agricultural productivity and. 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. 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 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.
Agricultural value added, labour and capital productivity, error correction model ecm, economic growth, nigeria. Chapter 73 agricultural productivity and economic growth. Acta universitatis agriculturae et silviculturae mendelianae brunensis, 642. From the standpoint of occupational distribution and contribution to the gdp, agriculture was the leading sector. Nigeria agriculture, information about agriculture in nigeria. 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. As early as 2007, the foundation invested in several key areas, including valuechain development, soil health, and crop improvement.
The sector is being transformed by commercialization at the small, medium and largescale enterprise levels. 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. Effect of agricultural output on economic growth in nigeria 1981. 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. Effects of deposit money banks credit on the performance of micro, small and medium enterprises in nigeria. This study examined the impact of agricultural productivity on economic growth in nigeria between the periods of 1981 to 2015. This study investigates the links existing between inflationary trend, agricultural productivity and economic growth in nigeria using time series data spanning from. The impact of agricultural output on economic growth in nigeria. 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.
Although governments involvement was limited to creating policy instruments. By focusing on agricultural development, nigeria can speed up its economic growth in the coming decade. 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. This article first sets out the theoretical reasons for expecting agricultural growth to reduce poverty. A panel data analysis, authormulubrhan amare and jennifer denno ciss\e and nathaniel d. 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. Output has increased at nearly twice the rate of earlier periods, fueled partly by. Evidence from smallholder cassava farmers in nigeria b. Trends and drivers of agricultural productivity in nigeria ifpri. The johansen cointegration test was employed to determine the existence of long run relationship between agricultural productivity and economic growth. Still on,, impact of agricultural sector on nigeria economic growth and development 19812015. In this paper, we investigate the impact of agricultural productivity. Okafor structural change and real output growth in 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.
Agricultural production and economic growth in nigeria 2 quarterly journal of international agriculture 53 2014, no. Agricultural sector performance and nigerias economic growth. Nigeria has witnessed strong economic growth in the past few years, averaging 8. By focusing on agricultural development, nigeria can speed up its economic growth in the coming decade 3. Contribution of agriculture to economic growth in nigeria1. Agricultural productivity growth and poverty alleviation. Pdf this paper examines the long run relationship between agricultural output and economic growth in nigeria for the period 1981 to 2014 using time. Agriculture is the backbone of nigeria s socioeconomic development.
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. The contribution of finance to agricultural production in. Pdf agricultural output and economic growth in nigeria. Economic development occurs in a specific locational matrix. This research work examined the impact of agriculture output on economic growth in nigeria, with the objective of determining the relationship between the. The impact of agricultural exports on economic growth in nigeria. Harvesting prosperity technology and productivity growth in agriculture keith fuglie, madhur gautam, aparajita goyal, and william f. These locational matrices growth centers are primarily industrialurban. Trends and drivers of agricultural productivity in nigeria.
1182 390 272 137 809 1376 179 684 1421 390 224 1039 962 114 71 1360 1242 762 654 1502 1334 320 1326 523 1167 298 1012 601 1437 1063 169 1300 1184 272 496 439 1403 567 1367 1227 228 1198 1423 173