首页> 外文期刊>Acta oeconomica et informatica >IMPACT OF AGRICULTURAL PROTECTION ON AGRICULTURAL GROWTH IN NIGERIA: POLITICAL ECONOMY PERSPECTIVE (1980-2016)
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IMPACT OF AGRICULTURAL PROTECTION ON AGRICULTURAL GROWTH IN NIGERIA: POLITICAL ECONOMY PERSPECTIVE (1980-2016)

机译:农业保护对尼日利亚农业增长的影响:政治经济观点(1980-2016)

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This study examined the impact of agricultural protection and other macroeconomic variables on agricultural growth in Nigeria from 1980 to 2016. The specific objectives were to (i) estimate the level of agricultural protection in Nigeria; (ii) determine the effects of agricultural protection on agricultural growth, and (iii) analyse the causal relationship between agricultural protection and agricultural growth in Nigeria. The data were obtained from annual time series dataset from Central Bank of Nigeria (CBN), World Bank, and Food and Agriculture Organisation (FAO) and were tested using unit root and cointegration tests. Descriptive statistics, Nominal Protection Coefficient (NPC) model, multiple regression and Granger causality were analytical test used, while the hypotheses were tested with F-test. Results revealed a significant presence of protection in the agricultural sector but not statistically commensurate with the share of agriculture to Nigeria's gross domestic product, (GDP). All hypotheses were tested at 1% probability level, i.e. p 0.01. There was a negative significant relationship between agricultural growth and protection in agriculture. A significant and positive relationship exists between agricultural growth and budgetary appropriation to the agricultural sector, while foreign direct investment and farmers' economic welfare had a non-significant and negative relationship with protection level. There was significant causality running from budgetary appropriation (agriculture) to agricultural protection and from protection level to GDP (agriculture). One of the major recommendations is that government should review its policy instruments, programmes, and projects to ensure that targeted policy objectives such as increase in agricultural growth is achieved by increasing its budget and liberalizing the sector.
机译:这项研究调查了1980年至2016年尼日利亚的农业保护和其他宏观经济变量对农业增长的影响。具体目标是(i)估计尼日利亚的农业保护水平; (ii)确定农业保护对农业增长的影响,以及(iii)分析尼日利亚的农业保护与农业增长之间的因果关系。这些数据来自尼日利亚中央银行(CBN),世界银行和粮食及农业组织(FAO)的年度时间序列数据集,并使用单位根和协整检验进行了测试。使用描述性统计,名义保护系数(NPC)模型,多元回归和格兰杰因果关系进行分析检验,并使用F检验检验假设。结果表明,农业部门存在大量保护,但与农业在尼日利亚国内生产总值(GDP)中的份额在统计上不相称。所有假设均以1%的概率水平进行测试,即p <0.01。农业增长与农业保护之间存在负显着的负相关关系。农业增长与对农业部门的预算拨款之间存在着显着的正相关关系,而外国直接投资与农民的经济福利之间的关系与保护水平无关紧要。从预算拨款(农业)到农业保护,从保护水平到GDP(农业),都有很大的因果关系。主要建议之一是,政府应审查其政策工具,计划和项目,以确保通过增加预算和开放该部门来实现诸如增加农业增长之类的有针对性的政策目标。

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