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Paper Id: IJCIRAS1674
Title: ANALYSIS OF THE IMPACT OF GOVERNMENT AGRICULTURAL EXPENDITURE ON AGRICULTURAL PRODUCTION OUTPUT IN NIGERIA: EVIDENCE FROM ARDL MODEL 1981-2018
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
Published On: 11/3/2020 9:38:12 PM      (MM/dd/yyyy)
Main Author Details
Name: 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
Research Area: Economics
KeyWord: KEYWORDS: Agricultural Expenditure, Agricultural Output, Productivity and ARDL Model.
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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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.
MLA 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.
APA 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.
ANALYSIS OF THE IMPACT OF GOVERNMENT AGRICULTURAL EXPENDITURE ON AGRICULTURAL PRODUCTION OUTPUT IN NIGERIA: EVIDENCE FROM ARDL MODEL 1981-2018
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