IMPACT OF AGRICULTURAL DEVELOPMENT ON ECONOMIC GROWTH IN NIGERIA

CHIDI, FAVOUR CHINELO (2025) IMPACT OF AGRICULTURAL DEVELOPMENT ON ECONOMIC GROWTH IN NIGERIA. Other thesis, GODFREY OKOYE UNIVERSITY, ENUGU.

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Abstract

In this paper, the author will analyze how agricultural development has influenced the economic growth of Nigeria based on the data of the period 1991-2023. It approximated determinants of agricultural growth through multiple regression model. The stationarity of the variables was tested using unit root tests in level and in the first difference forms. The test of no- stationarity revealed the existence of non- stationarity in the variables. It is followed by this study carrying out a short- run cointegration test in order to discover such long run relationships among the variables. Therefore, the OLS techniques were used to estimate the short-run correction model and the output reveals that livestock production and crop production are negatively correlated to real gross domestic product in Nigeria and this implies that real gross domestic product in Nigeria may not increase with the increase of livestock production and crop production in Nigeria Conversely, the other dependent variable namely agricultural labour productivity do shows positive links to real gross domestic product in Nigeria. To sum up the study, the researcher concludes that government should work on improving its macroeconomic stability, promote growth policies that are long term, and work on the issue of autocorrelation so that it can eliminate wastefulness in its cyclicality and stimulate economic growth instead.

Item Type: Thesis (Other)
Subjects: H Social Sciences > H Social Sciences (General)
Divisions: Faculty of Management and Social Sciences
Depositing User: Uchenna Eneogwe
Date Deposited: 19 Jun 2026 12:54
Last Modified: 19 Jun 2026 12:54
URI: http://eprints.gouni.edu.ng/id/eprint/5834

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