publication . Article . 2019

A Macroeconomic Analysis of Agricultural Sector in Nigeria

Isah Funtua Abubakar; Umar Bambale Ibrahim;
Open Access English
  • Published: 02 Feb 2019 Journal: Advanced Journal of Social Science (issn: 2581-3358, eissn: 2581-3358, Copyright policy)
  • Publisher: AIJR Publisher
<jats:p>This paper attempts to study the Nigerian agriculture industry as a panacea to growth as well as an anchor to the diversification agenda of the present government. To do this, the time series data of the four agriculture subsectors of crop production, livestock, forestry and fishery were analysed as stimulus to the Real GDP from 1981-2016 in order to explicate the individual contributions of the subsectors to the RGDP in order to guide the policy thrust on diversification. Using the Johansen approach to cointegration, all the variables were found to be cointegrated. With the exception of the forestry subsector, all the three subsectors were seen to have ...
free text keywords: Diversification, Cointegration, Agriculture-subsectors, Economics
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