ManuScript Details
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Paper Id:
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IJCIRAS1674
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Title:
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ANALYSIS OF THE IMPACT OF GOVERNMENT AGRICULTURAL EXPENDITURE ON AGRICULTURAL PRODUCTION OUTPUT IN NIGERIA: EVIDENCE FROM ARDL MODEL 1981-2018
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| Published in: |
International Journal Of Creative and Innovative Research In All Studies |
| Publisher: |
IJCIRAS |
| ISSN: |
2581-5334 |
| Volume / Issue: |
Volume 3 Issue 5 |
| Pages: |
10
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| Published On: |
11/3/2020 9:38:12 PM (MM/dd/yyyy) |
| PDF Url: |
http://www.ijciras.com/PublishedPaper/IJCIRAS1674.pdf |
Main Author Details
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Name:
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AUWAL ABUBAKAR MUHAMMAD |
| Institute: |
DEPARTMENT OF ECONOMICS, NIGERIAN ARMY UNIVERSITY BIU (NAUB) BORNO STATE, NIGERIA |
Co - Author Details
| Author Name |
Author Institute |
| Prof. C.I. Egwaikhide |
Department of Economics, Nigerian Defence Academy Kaduna (NDA) |
| Assoc Prof. A.A. Alexander |
Department of Economics, Nigerian Defence Academy Kaduna (NDA) |
Abstract
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Research Area:
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Economics |
| KeyWord: |
KEYWORDS: Agricultural Expenditure, Agricultural Output, Productivity and ARDL Model.
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| Abstract: |
ABSTRACT
This study analyses the impact of government agricultural expenditure on agricultural production output in Nigeria from (1981-2018).Time series data was used and sourced from World Bank and Central Bank of Nigeria (CBN) Statistical Bulletin annual reports. The variables used in the model were agricultural production output as the dependent variable, total government expenditure on agriculture, gross capital formation, domestic savings, credit from commercial bank to agricultural sector, and labour force participation as independent variables. The study adopted various processes of the popular bound testing approach to co-integration (Auto Regressive Distributed Lagged model), and the findings suggest that there is long run relationship among agricultural production output, total government expenditure on agriculture, gross capital formation, domestic savings, credit from commercial bank to agricultural sector, and labour force participation. Also, findings reveals that total government expenditure on agriculture, gross capital formation, domestic savings, credit from commercial bank to agricultural sector, and labour force participation had no significant impact on agricultural production output in the short-run, while in the long-run, all the independent variables except for domestic savings had significant positive impact on agricultural production output. Based on the findings, the study suggests that government agricultural expenditure significantly promotes agricultural production output in Nigeria. Therefore, policy makers and regulatory authorities should create an enabling environment geared towards mobilizing domestic savings from small scale famers, encourage and strengthen credit schemes to famers, encourage labour force participation rate in the sector in order to enhance agricultural output and productivity in Nigeria.
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Citations
Copy and paste a formatted citation or use one of the links to import into a bibliography manager and reference.
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IEEE
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AUWAL ABUBAKAR MUHAMMAD, Prof. C.I. Egwaikhide, Assoc Prof. A.A. Alexander , "ANALYSIS OF THE IMPACT OF GOVERNMENT AGRICULTURAL EXPENDITURE ON AGRICULTURAL PRODUCTION OUTPUT IN NIGERIA: EVIDENCE FROM ARDL MODEL 1981-2018", International Journal Of Creative and Innovative Research In All Studies,
vol. 3, no. 5, pp. 74-83, 2020.
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MLA
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AUWAL ABUBAKAR MUHAMMAD, Prof. C.I. Egwaikhide, Assoc Prof. A.A. Alexander "ANALYSIS OF THE IMPACT OF GOVERNMENT AGRICULTURAL EXPENDITURE ON AGRICULTURAL PRODUCTION OUTPUT IN NIGERIA: EVIDENCE FROM ARDL MODEL 1981-2018." International Journal Of Creative and Innovative Research In All Studies,
vol 3, no. 5, 2020, pp. 74-83.
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APA
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AUWAL ABUBAKAR MUHAMMAD, Prof. C.I. Egwaikhide, Assoc Prof. A.A. Alexander (2020). ANALYSIS OF THE IMPACT OF GOVERNMENT AGRICULTURAL EXPENDITURE ON AGRICULTURAL PRODUCTION OUTPUT IN NIGERIA: EVIDENCE FROM ARDL MODEL 1981-2018. International Journal Of Creative and Innovative Research In All Studies,
3(5), 74-83.
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ANALYSIS OF THE IMPACT OF GOVERNMENT AGRICULTURAL EXPENDITURE ON AGRICULTURAL PRODUCTION OUTPUT IN NIGERIA: EVIDENCE FROM ARDL MODEL 1981-2018
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