Nwachukwu, Ifeanyi and Ehumadu, Felix and Mejeha, Remy and Nwaru, Jude and Agwu, Nnanna and Onwumere, Joe (2008): Empirical Assessment of Nigeria’s Agricultural Export and Economic Welfare.
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This paper assessed empirically Nigeria’s agricultural export and economic welfare. Data used for the study were obtained from secondary sources, bulk of which was collected from institutional and national databases over 1990-2005 and were analyzed using multiple regression and growth rate analysis. The results showed that agricultural output, inflation, subsidy, exchange rate, food import and export were statistically significant at various risk levels and have major implications on the economic welfare of Nigeria. Economic welfare was found to have grown at rate of 2.9% over the period and would be expected to reach N20, 480.64 million in 2010. The study suggested that Nigerian government should adopt appropriate monetary policies to ensure stability in the foreign exchange market in view of the bizarre implications of fluctuations on economic welfare.
|Item Type:||MPRA Paper|
|Original Title:||Empirical Assessment of Nigeria’s Agricultural Export and Economic Welfare|
|Keywords:||economic, agricultural exports, welfare, empirical, assessment|
|Subjects:||B - History of Economic Thought, Methodology, and Heterodox Approaches > B2 - History of Economic Thought since 1925 > B22 - Macroeconomics|
|Depositing User:||Ifeanyi N. Nwachukwu|
|Date Deposited:||14. Jan 2009 09:12|
|Last Modified:||12. Feb 2013 10:49|
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