THE IMPACT OF AGRICULTURAL DEVELOPMENT ON NIGERIA ECONOMIC GROWTH
(1980-204)
By
Author
Presented To
Department of Agriculture
ABSTRACT
In recent decades, the potential contribution of agriculture to economic growth has been a subject of controversy among development economists. While some argue that agricultural development is a prerequisite for industrialization, others strongly disagree and argue for a different path.
Taking advantage of the ordinary least square method (OLD), searches through secondary data and the use of independent variables: agricultural development, capital accumulation, inflation rate and interest rate review the question of whether agriculture could serve as an engine of growth of the Nigerian economy
The results of the empirical analysis shows that productivity in the agricultural sector has not significantly positive impact on economic growth of Nigeria.
TABLE OF CONTENTS
Cover Page
Title Page
Certification
i Dedication
ii Acknowledgement
iii Abstract
iv Table of Contents
CHAPTER ONE
INTRODUCTION
11 Background of the Study
1 12 Statement of Problem 12
13 Objectives of the Study 15
14 Statement of Hypothesis - 16
15 Significance of the Study 16
16 Scope and Limitations of the Study
17 CHAPTER TWO LITERATURE REVIEW
21 Theoretical Literature 18
211 Agriculture As A Passive Contributor to Economic Development (Classical School of 1950s and 1960s) 30
212 Agricultural led Industrialization (Classical School of 1970s and 1980s) 31
213 Agricultural Linkages And Growth and Development 32
214 Problems Associated with Agricultural Development 36 215 Empirical Literature 45
221 Agriculture and Poverty Reduction 46
222 Agriculture and Nutrition 47
CHAPTER THREE
RESEARCH METHODOLOGY
31 Methodology 51
32 Area of Study and Coverage - - 52
33 Model Specification 52
34 Data Sources 53
35 Method of Evaluation 54
CHAPTER FOUR
PRESENTATION AND ANALYSIS OF RESULTS
41 Unit Root Test 59
42 Co-Integration Test 61
43 Economic Opinion, Interpretation 63
44 Statistical Criteria of the Result 65
45 Econometric Criteria of the Result 68
CHAPTER FIVE
SUMMARY, RECOMMENDATION AND CONCLUSION
51 Summary of Findings 67
52 Policy Recommendation 68
53 Conclusion 70
Bibliography
Appendix
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