AWOYEMI, Bosede Olanike and AFOLABI, Babatunde and AKOMOLAFE, Kehinde John (2017) AGRICULTURAL PRODUCTIVITY AND ECONOMIC GROWTH: IMPACT ANALYSIS FROM NIGERIA. Scientific Research Journal (SCIRJ), 5 (10). pp. 1-7. ISSN 2201-2796
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Abstract
Abstract: This study examined the impact of agricultural productivity on economic growth in Nigeria between the periods of 1981 to 2015. The Johansen cointegration test was employed to determine the existence of long run relationship between agricultural productivity and economic growth. Error Correction Model (ECM) was employed to determine the short run impact of agricultural productivity on economic growth. From the results, it was found that the agricultural labour productivity and agricultural value added were the positive determinants of economic growth. The study concluded that improvement in the performance of the agricultural sector has a significant effect on economic growth in Nigeria. Therefore, the government should encourage labour force participation in the agricultural sector by increasing investment in the agricultural sector.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | Agricultural Value Added, Labour and Capital Productivity, Error Correction Model (ECM), Economic growth, Nigeria. |
| Subjects: | H Social Sciences > HB Economic Theory H Social Sciences > HC Economic History and Conditions S Agriculture > S Agriculture (General) |
| Divisions: | Faculty of Law, Arts and Social Sciences > School of Social Sciences |
| Depositing User: | Mrs Oluwafunmilola Bankole |
| Date Deposited: | 02 Apr 2020 15:57 |
| Last Modified: | 02 Apr 2020 15:57 |
| URI: | http://eprints.abuad.edu.ng/id/eprint/594 |
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