Department of Economics

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https://repository.run.edu.ng/handle/123456789/64

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Browsing Department of Economics by Subject "Agriculture"

Now showing 1 - 4 of 4
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    Analysis of the Effects of Climate Change on Crop Output in Nigeria
    (American Journal of Climate Change, 2017) Adewara, Sunday Olabisi
    This study investigates the effects of climate change factors and non-climate change factors on crop output in Nigeria. Empirical research approach was adopted with the use of secondary sources of time series annual data obtained from reputable sources for the period 1980-2013. Error Correction Mechanism was used for the analysis. It was found that in the short run, only rainfall tested significantly positive to crop output among the climate change factors but there is evidence of significant effects of all climate change factors on crop output in the long-run. For example, temperature, carbon dioxide emission, carbon emission and rainfall were tested significantly to crop output. Furthermore, non-climate change factors like economically active population, gross capital formation, and land area equipped for irrigation were significantly positive to crop output. To forestall the effects of climate change on crop output, the study recommends that policy makers should formulate policies that will aid farmers towards adaptation practices in farming that can mitigate the effects of climate change. Furthermore, governments and other relevant agencies should also design programmes that can motivate the masses to increase their involvement in crop production.
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    Can Non-Oil Exports boost Agriculture Sector Performance in Nigeria? A Tale for Oil Independency
    (2013) Adeleke, Oluwayemisi Kadijat
    The study examines the effect of non-oil export on the agricultural sector performance in Nigerian economy using empirical evidence and modern research analysis. The bulk of non- oil export of Nigeria comes from agriculture and pre-processed products. Hence, non-oil export from perspective of efficiency-seeking indicates that non-oil export always aim at taking advantage of poor-efficient production condition and boost the productive edge of resources. There is a general believe that non-oil exports commodities has nothing to do with sectoral growth in Nigeria, this role is therefore the major focus of this study. Modern econometric analysis is used to validate if there is any relationship between non-oil export and sectoral performance, we also conducted unit root test to detect the risk of non stationarity of any of the variables involve in the model specified. Having tested for unit root, the paper also considers cointegration test and a parsimonious result of the least square estimate is presented. Lastly, a causality analysis of the relevant variables was undertaken in order to verify the relevance of non-oil export on growth in Nigeria. Interestingly, non-oil export commodities fail to enhance growth of the economy in recent findings, while agriculture, openness and exports promote growth in both the short and long run in our dear country
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    Sectoral Analysis of Employment Intensity of Growth in Nigeria
    (Business & Economics Society International (B&ESI), 2021) Dauda, Rasaki
    This study assessed employment intensity of growth (EIG) in the agriculture, industry and service sectors in Nigeria from 1991 to 2019 within the context of Okun’s theory/law. Data from the 2020 World Development Indicators were employed for analysis, using elasticity procedure after decomposing the scope into different periods and regimes. The findings showed negative EIG in the agriculture and industrial sectors while the service sector returned positive EIG. Therefore, government should invest significantly in the service sector while the agricultural sector should be mechanized to boost output and supply of raw materials to industries to enhance employment generation
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    Sectoral Analysis of Employment Intensity of Growth in Nigeria
    (Global Business & Economics Anthology, 2021) Ajeigbe, Omowumi Monisola
    This study assessed employment intensity of growth (EIG) in the agriculture, industry and service sectors in Nigeria from 1991 to 2019 within the context of Okun’s theory/law. Data from the 2020 World Development Indicators were employed for analysis, using elasticity procedure after decomposing the scope into different periods and regimes. The findings showed negative EIG in the agriculture and industrial sectors while the service sector returned positive EIG. Therefore, government should invest significantly in the service sector while the agricultural sector should be mechanized to boost output and supply of raw materials to industries to enhance employment generation.