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The impact of agricultural production on economic growth in Nigeria

 Department: Economics  
 By: usericon bapatigi7954  

 Project ID: 6839
   Rating:  (5.0) votes: 1
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   Price:₦1000
Abstract
This study employed the Augmented dickey- fuller unit root test, Johansen co-integration test, the Vector error correction ( VECM), granger causality test, and ordinary least square technique respectively to empirically investigate impact of agricultural production on the economic growth of Nigeria for the period spanning between 1986– 2016. The estimated result showed that crop production (CP) and poultry farming or forestry has a direct and significant effect on the growth of Nigeria. Also, it is perceived that Agricultural production comprising crop production and poultry and livestock production attributed positively to the growth level of the economic. Although fish farming was revealed to have no significant effect on the economy as a result of the little recognition award to the segment of agricultural production however agricultural expansion is a major driver of economic growth and there is a direct association between agriculture and GDP growth level....
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