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THE IMPACT OF GOVERNMENT AGRICULTURAL EXPENDITURE ON ECONOMIC GROWTH IN NIGERIA
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ABSRACT - [ Total Page(s): 1 ]
This study looked into the impact of government agricultural expenditure
on economic growth in Nigeria. Time series data were gathered from secondary
sources on real GDP, government agricultural expenditure, agricultural output
and agricultural credit from the CBN statistical bulletin covering the period
between 1981 and 2019. Econometric methods such as Augmented Dickey-Fuller unit
root test, Johansen Co-integration test, Ordinary Least Squares method and
Granger Causality tests were used for data analysis. The study revealed that
the overall model was statistically significant at
... Continue Reading
CHAPTER ONE - [ Total Page(s): 1 ] 1.1 Background of the StudyNigeria is endowed with abundant natural resources ranging from solid minerals to arable land with varieties of agricultural produce such as palm oil, cocoa, groundnut, beans, melon, corns, and rice, among others. The hub of Nigeria economy before the advent of oil in commercial quantity was agriculture, but with the emergence of oil, there were focus shift from being agricultural dependent country to crude oil dependent nation. Since the era of oil boom in the 1970’s, Nigeria has been a victim of monolithic economy and since then have been enjoying crude ... Continue Reading
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ABSRACT - [ Total Page(s): 1 ]
This study looked into the impact of government agricultural expenditure
on economic growth in Nigeria. Time series data were gathered from secondary
sources on real GDP, government agricultural expenditure, agricultural output
and agricultural credit from the CBN statistical bulletin covering the period
between 1981 and 2019. Econometric methods such as Augmented Dickey-Fuller unit
root test, Johansen Co-integration test, Ordinary Least Squares method and
Granger Causality tests were used for data analysis. The study revealed that
the overall model was statistically significant at
... Continue Reading
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