United states, gdp per capita in most of the nations in africa e. Constraints to agricultural development in nigeria ojeka godfrey ofana1, effiong charles efefiom2 and eko eko omini1 1department of economics, federal university lafia, nasarawa state, nigeria 2department of economics, university of calabar, nigeria abstract. The impact of agricultural development on nigeria economic. The impact of conflict and political instability on. In a new paper, experts and colleagues from the africa growth initiative examine the negative impact of internal conflict on agricultural production in mali and nigeria.
It is on this background that there is need to investigate the impact of government expenditure on agricultural sector on economic growth in nigeria is important. The study examined the impact of government expenditure on economic growth in nigeria, using the time frame 20002015 5 years. The study analyzed the impact of foreign direct investment on nigeria economic growth over the period of 1999 20. Effects of corruption and economic reforms on economic. The user has requested enhancement of the downloaded file.
Although the overall effect of fdi on economic growth may not be significant, the components of fdi do have a positive impact. The impact of agricultural output on economic growth in. Gayi, head, special unit on commodities suc, until his retirement in. As aresult, itunderstates the potentialfor growth and diverts attention from the means of that growth. Does agriculture really matter for economic growth in. The initial impact of sap seems to have promoted more rapid agricultural development but later slow down. Pdf the impact of agricultural output on economic development. Impact of agricultural sector on nigeria economic growth and development 1981 2015. Commodity markets, economic growth and development acknowledgments the commodities and development report 2017 is a joint publication prepared by unctad and the fao. Role of agriculture in economic growth development. The impact of agricultural exports on economic growth in nigeria.
By focusing on agricultural development, nigeria can speed up its economic growth in the coming decade. The impact of the agricultural sector on nigeria economic growth performance 19802009 abstract the study set out to ascertain the extent to which agricultural sector has contributed to the growth of nigerian economy from 1980 to 2009. The main objective of this paper is to analyse the effects of corruption on economic growth and development of nigeria in the context of its economic reform programme since 1999 to date. Pdf the impact of agricultural exports on economic. It involves and comprises of crop production, livestock and forestry, fishery, processing and marketing of those agricultural. Agricultural production and economic growth in nigeria. In nigeria, agriculture is an example of one key sector whose role is, and would remain crucial to development fortunes. A he also emphasized that agriculture is also the production of fibres for industries. Examination of the structural change in the sector shows that the performance of the constituent. These locational matrices growth centers are primarily industrialurban.
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. This part also analyses the socioeconomic impact of agricultural growth. As a guide to the study, the following hypotheses were formulated. Agriculture is the bedrock of economic growth, development and poverty eradication in the developing countries. Agricultural sector and nigerias development 186 third part focuses on the contributions of the agricultural sector to the brazilian economy in terms of its income and employment generating capacities among other micromacroeconomic indices. The contribution of agricultural sector on economic growth of nigeria. Impact of the agricultural sector on nigerias economic growth.
Agricultural sector is the most important sector of the nigerian. Impact of foreign direct investment on nigeria economic. The main type of data used in this study is secondary. This paper investigates the impact of agricultural exports on economic growth. Impact of agricultural development on nigeria economic growth project material. There is no shortage of empirical and theoretical studies regarding the role of exports in raising the economic growth and development of a country.
Agriculture, economic growth, gdp, nigeria, growth accounting, granger causality tests. Pdf this paper empirically examined the impact of agricultural output on economic development in nigeria using annual time series data spanning 1986. The project work was carefully written and examined by scholars. Economic history is replete with ample evidence that agricultural revolution is a fundamental precondition for economic growth.
Uniprojects aim of providing impact of agricultural development on nigeria economic growth project research material is to reduce the stress of moving from one school library to another all in the name of. This is approved for students in accountancy, business, computer science, economics, engineering, arts. Impact of agricultural development on the economic growth and development of nigeria, free undergraduate project topics, research materials, education project topics, economics project topics, computer science project topics, hire a data analyst. The impact of agriculture in maintaining sustainable economic.
Ho agricultural development has no significant impact on economic growth in nigeria. Agriculture is the backbone of nigerias socioeconomic development. Impact of agricultural development on the economic growth and development of nigeria, largest undergraduate projects repository, research works and materials. Agricultural development can also address gender disparities. Umoh introduction this article overviews the growth and development of the nigerian economy from inde pendence to present times. Agricultural production and economic growth in nigeria 211 quarterly journal of international agriculture 53 2014, no. Government expenditure on agriculture and economic growth. Acta universitatis agriculturae et silviculturae mendelianae brunensis, 642. Agriculture is the bedrock of economic growth, development and. The impact of agricultural sector on economic growth in. The fdi in the communication sector has the highest potential to grow the economy and is in multiples of that of the oil. Please, sit back and study the below research material carefully.
Contribution of agriculture to economic growth in nigeria1. At this point in nigerias development, the best approach is to focus on the agricultural sector. Agriculture, economic growth, nigeria, time series, cointegration. It is against this back drop that we set out to research on the impact of agricultural development on nigeria economic growth. We are releasing this work as a tool to assist you in completing your project. Agricultural production and economic growth in nigeria 209 quarterly journal of international agriculture 53 2014, no. Contribution of agriculture to economic growth in nigeria aaawe. Thus, this study seek to examine the relationship between agricultural credit and economic growth in nigeria between 1986 and 2014 using stationary, cointegration test and modified ordinary least. The term agriculturea has been subjected to different definitions by various experts. Statistical bulletin, annual reports and statement of accounts.
The impact of agricultural output on economic development in nigeria 19862014 article pdf available january 2016 with 10,935 reads how we measure reads. The results show that, there is no significant impact of the agricultural sector on economic development in nigeria. The impact of agricultural output on economic growth in nigeria. Attempt at achieving this objective has led to the segmentation of the paper into three main sections. Examine the impact of fish production on economic growth in nigeria.
They in particular held the view that lack of sustainable. Agricultural sector performance and nigerias economic growth. In this project you will discover all you need to successfully carry out academic assignment. The desire for rapid economic growth in developing countries is attained through more trade. By focusing on agricultural development, nigeria can speed up its economic growth in the coming decade 3. Examine the impact of crop production on economic growth in nigeria. The role of agricultural sector performance on economic growth in. In this way, agricultural sector helps promote economic growth by securing as a supplement to industrial sector. Pdf impact of agricultural financing on nigeria economy. 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.
More specifically, the study sought to assess government expenditure and economic growth. Impact of agricultural foreign aid on agricultural growth. This page provides nigeria gdp annual growth rate actual values, historical data, forecast, chart, statistics, economic. Download undergraduate projects topics and materials accounting, economics, education. From the above cited explanation we conclude that agricultural development is a must for the economic development of a country. Examine the impact of livestock production on economic growth in nigeria. Agricultural sector in nigeria has overtime become an important sector of the economy. The empirical data used in this study was from 1970 to 2008, the johansen cointegration technique of regression was used to analyze the data. Agriculture contributes to poverty reduction because it provides employment to the. An overview of the nigerian economic growth and development. Role of agriculture in the economic development of a country. Impact of agricultural development on nigeria economic. Download the full project work from chapter one to five including references.
Agriculture is the cultivation of land, raising and rearing of animals for the purpose of production of food for man, animals and industries. In nigeria for instance, it affects sectors like labour productivity force, agricultural production, productivity in general or national economy. Impact of agricultural financing on nigeria economy. The role of agriculture in accelerating economic growth and development. As noted earlier, the neglect of the agricultural sector and the dependence of nigeria on a monocultural crude oil based economy had not augured well for the wellbeing of the nigerian economy. Ever since then, nigeria has been witnessing extreme poverty and insufficiency of basic food items. Background of the study agriculture is concerned with the husbandry of crops and animals for food and other purposes. Agriculture credit is essentially a development strategy in a variety of ways. This paper empirically examined the impact of agricultural output on economic development in nigeria using annual time series data spanning 1986 to 2014. The impact of agricultural development on economic growth of nigeria, free undergraduate project topics, research materials, education project topics, economics project topics, computer science project topics, hire a data analyst.
It is against this backdrop that we set out to research on the impact of agricultural development on nigeria economic growth. Get free research paper on impact of agricultural development on economic growth of nigeriaproject topics and materials in nigeria. Assessment of the hivaids impact on the nigerian economy. Impact of the agricultural sector on nigerias economic. In subsaharan africa and south asia, women are vital contributors to farm work, but because they have less access to improved seeds, better techniques and technologies. The impact of conflict and political instability on agricultural investments in mali and nigeria i mwangi kimenyi is a senior fellow and director of. It is the foundation upon which the development of stable human communities, such as rural and urban communities has depended on in many parts of the world.
The importance, effect, causes, relationship, comparison, history, role, solutions are discussed. The contribution of agricultural sector on the economic growth of. Productivity of a country is very fundamental and desirable phenomenon in the development process that every nation strives to achieve and maintain. Therefore there is need to examine the extent to which government expenditure as an input has affected agricultural production which in turn boosts economic growth. Impact of agricultural sector on nigeria economic growth. Impact of agricultural foreign aid on agricultural growth in subsaharan africa a dynamic specification. Fdi in nigeria contributes positively to economic growth. Agriculture is the bedrock for economic growth, development and poverty.
All in text references underlined in blue are added to the original document and are linked to publications on researchgate, letting you access and read them immediately. The impact of agricultural output on economic development. Sector and debtequity swap option are necessary for an agricultural led economic growth. Economic development occurs in a specific locational matrix. The agricultural sector contributions now account for less than 5% of nigerias gdp olagbaju and fashola, 1996. It becomes therefore imperative to study the impact of agricultural development on the nigeria economic growth.
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