Macroeconomic Policy and Agricultural Value Chain in Nigeria

UKH Journal of Social Sciences

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Field Value
 
Title Macroeconomic Policy and Agricultural Value Chain in Nigeria
 
Creator Iyoboyi, Martins
Okereke, Samuel Felix
Musa-Pedro, Latifah
 
Description The objective of the paper was to investigate macroeconomic policy and agricultural value chain in Nigeria. The period covered is 1981–2016. The analysis is based on the autoregressive distributed lag framework. A long-run equilibrium relationship was found among the variables used in the investigation. Government expenditure and broad money supply (the macroeconomic policy variables used) were found to have significant positive impact on the agricultural value chain. Energy was found to also have a direct statistically significant impact on agricultural value chain. Based on the results, it is recommended that there should be an enabling macroeconomic policy framework, which gives emphasis to improved budgetary allocation to the agricultural sector, increases money supply, and promotes agencies that can directly impact the level of finance to agricultural value chain related businesses in Nigeria. Above all, electricity supply should be enhanced.
 
Publisher University of Kurdistan Hewlêr
 
Date 2018-12-27
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Research Article
 
Format application/pdf
text/html
 
Identifier https://journals.ukh.edu.krd/index.php/ukhjss/article/view/59
10.25079/ukhjss.v2n2y2018.pp31-40
 
Source UKH Journal of Social Sciences; Vol 2 No 2 (2018): ISSUE THREE; 31-40
2520-7806
10.25079/ukhjss.v2n2y2018
 
Language eng
 
Relation https://journals.ukh.edu.krd/index.php/ukhjss/article/view/59/111
https://journals.ukh.edu.krd/index.php/ukhjss/article/view/59/121
 
Rights Copyright (c) 2018 Martins Iyoboyi, Samuel Felix Okereke, Latifah Musa-Pedro
http://creativecommons.org/licenses/by-nc-nd/4.0
 

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