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Impact of export incentive schemes on the performance of agricultural exports in Nigeria

Author

Listed:
  • N.M. GATAWA

    (Department of Economics, Faculty of Social Sciences, Usmanu Danfodiyo University, Sokoto.)

  • Yusuf U. DANTAMA

    (Department of Economics, Faculty of Social Sciences, Usmanu Danfodiyo University, Sokoto.)

  • Mohammed Bello SANI

    (Department of Economics, Faculty of Arts and Social Sciences, Gombe State University, Gombe.)

Abstract

This paper examines the impact of export incentive schemes on the Performance of agricultural exports in Nigeria, using quarterly time series data from 1990-2014. The study employed Autoregressive Distributed Lag (ARDL) model to cointegration analysis and Granger causality test to examine the long run and causality relationship between growth in the Performance of agricultural exports and export incentive schemes in Nigeria. The bounds tests used in the study revealed that there is no long run equilibrium relationship between export incentive schemes and the performance of agricultural exports in Nigeria. It is of high importance to note that the granger casualty test indicates that there was a unidirectional relationship running from agricultural export (AGR) to export expansion grant (EEG), export development fund (EDF) to agricultural export (AGR). Since the findings of the study show that export development fund has positive and significant impact on the performance of agricultural exports in Nigeria, the study suggests that major concern should be given to its management and disbursement to ensure stable growth in the sub-component (agriculture) of non-oil export in Nigeria. This can be achieved through adequate funding by the concerned authority.

Suggested Citation

  • N.M. GATAWA & Yusuf U. DANTAMA & Mohammed Bello SANI, 2017. "Impact of export incentive schemes on the performance of agricultural exports in Nigeria," Journal of Economics Bibliography, KSP Journals, vol. 4(4), pages 328-334, December.
    • Handle: RePEc:ksp:journ6:v:4:y:2017:i:4:p:328-334
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    References listed on IDEAS

    as
    1. Ricardo, David, 1821. "On the Principles of Political Economy and Taxation," History of Economic Thought Books, McMaster University Archive for the History of Economic Thought, edition 3, number ricardo1821.
    2. Fouad Abou-Stait, 2005. "Working Paper 76 - Are Exports the Engine of Economic Growth? An Application of Cointegration and Causality Analysis for Egypt, 1977 - 2003," Working Paper Series 211, African Development Bank.
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    More about this item

    Keywords

    Export incentives; Non-oil exports; Causality; ARDL; Nigeria.;
    All these keywords.

    JEL classification:

    • J43 - Labor and Demographic Economics - - Particular Labor Markets - - - Agricultural Labor Markets
    • Q00 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - General
    • Q10 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - General

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