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

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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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