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Trend Evaluation Of Agricultural Export Crops In Nigeria

Author

Listed:
  • Akpaeti, Aniekan Jim
  • Bassey, Nsikan Edet
  • Okon, Uwemedimo Eyo

Abstract

The study uses the Ordinary Least Square (OLS) regression technique to evaluate the growth rates of three agricultural export crops (cocoa, palm kernel and palm oil) in Nigeria between1970-2009. The result reveals that growth rates in export of these crops are higher in the financial sector reform period than in the pre-financial sector reform period except in palm kernel and are statistically significant at 5% probability level. This therefore suggests the need to enhance the production of these crops through provision of basic farm inputs, extension, proper financing as well as pursue policies that will encourage exportation and discourage the importation of these crops as the way out.

Suggested Citation

  • Akpaeti, Aniekan Jim & Bassey, Nsikan Edet & Okon, Uwemedimo Eyo, 2014. "Trend Evaluation Of Agricultural Export Crops In Nigeria," International Journal of Food and Agricultural Economics (IJFAEC), Alanya Alaaddin Keykubat University, Department of Economics and Finance, vol. 2(1), pages 1-11, January.
    • Handle: RePEc:ags:ijfaec:163718
    DOI: 10.22004/ag.econ.163718
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    File URL: https://ageconsearch.umn.edu/record/163718/files/vol2.no.1.pp165.pdf
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    File URL: https://libkey.io/10.22004/ag.econ.163718?utm_source=ideas
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    References listed on IDEAS

    as
    1. Okoye, B.C & Asumugha, G.N & Okezie, C.A & Tanko, L & Onyenweaku, C.E, 2006. "Econometric Assessment of the Trend in Cocoyam Production in Nigeria, 1960/61-2003/2006," MPRA Paper 17460, University Library of Munich, Germany.
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    Cited by:

    1. Sayef Bakari & Sofien Tiba, 2022. "Agricultural Exports, Agricultural Imports And Economic Growth In China," Journal of Smart Economic Growth, , vol. 7(3), pages 35-61, September.
    2. Ibrahim Soliman & Hala Bassiony, 2020. "Impact of Arabic Spring on the Competitiveness of Arab States’ Agricultural Exports to EU Markets," Cooperative Management, in: Konstantinos Mattas & Henk Kievit & Gert van Dijk & George Baourakis & Constantin Zopounidis (ed.), Sustainable Food Chains and Ecosystems, chapter 0, pages 135-153, Springer.
    3. Akpaeti, Aniekan J & Bassey, Nsikan E & Okoro, Udeme S & Nkeme, Kesit K, 2014. "Trends and Drivers of Agricultural Investments and Growth in Nigeria: The Pre and Financial Sector Reforms Experience," Asian Journal of Economic Modelling, Asian Economic and Social Society, vol. 2(3), pages 115-127, September.

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