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Policy Reforms And Agricultural Exports In Nigeria: An Empirical Analysis

Author

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  • DOUGLASON GODWIN OMOTOR

    (Department of Economics, Delta State University, Abraka, Nigeria)

  • CHRISTOPHER O. ORUBU

    (Department of Economics, Delta State University, Abraka, Nigeria)

  • EMMANUEL INONI

    (Department of Agricultural Economics, Delta State University, Abraka, Nigeria)

Abstract

The role of agriculture in the process of growth and development arises mainly from its linkages with other sectors of an economy. The agricultural sector in developing countries in recent times has recorded secular declines in terms of its contribution to export earning and domestic consumption. This observation is associated with policy inertia among other factors. The Structural Adjustment Programme adopted in Nigeria in the 1980s, is one policy shift aimed at boosting agricultural production. This article aims at empirically verifying the effects of policy reform on agricultural exports in Nigeria by estimating a simple impact assessment model using a slope-dummy method. The estimates among others indicate that agricultural export is significantly influenced by domestic consumption and economic liberalization. The findings suggest that policy reforms on agricultural productivity should go beyond liberalization of the economy.

Suggested Citation

  • Douglason Godwin Omotor & Christopher O. Orubu & Emmanuel Inoni, 2009. "Policy Reforms And Agricultural Exports In Nigeria: An Empirical Analysis," The Singapore Economic Review (SER), World Scientific Publishing Co. Pte. Ltd., vol. 54(04), pages 589-603.
    • Handle: RePEc:wsi:serxxx:v:54:y:2009:i:04:n:s0217590809003501
    DOI: 10.1142/S0217590809003501
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    References listed on IDEAS

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    1. AfDB AfDB, . "Gender, Poverty and Environmental Indicators on African Countries 2006," Gender, Poverty and Environmental Indicators on African Countries, African Development Bank, number 90.
    2. World Bank, 2006. "Africa Development Indicators 2006," World Bank Publications - Books, The World Bank Group, number 12421.
    3. Idachaba, Francis Sulemanu, 1980. "Agricultural research policy in Nigeria:," Research reports 17, International Food Policy Research Institute (IFPRI).
    4. World Bank, 2006. "Africa Development Indicators 2006," World Bank Publications - Books, The World Bank Group, number 12419.
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    Cited by:

    1. Omotor, Douglason G., 2019. "A Thrifty North and An Impecunious South: Nigeria's External Debt and the Tyranny of Political Economy," MPRA Paper 115292, University Library of Munich, Germany, revised 12 Oct 2019.

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    More about this item

    Keywords

    Structural Adjustment Programme; slope-dummy; liberalization; exchange rate regimes and agricultural productivity; D4; F4;
    All these keywords.

    JEL classification:

    • D4 - Microeconomics - - Market Structure, Pricing, and Design
    • F4 - International Economics - - Macroeconomic Aspects of International Trade and Finance

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