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Agricultural Transformation in AfricaCereal Crops Yield, Food Security and Agricultural Growth in Nigeria: A Vector Error Correction Model Approach

Agricultural Transformation in Africa: Cereal Crops Yield, Food Security and Agricultural Growth... [The study assessed the impact of the yield of selected cereal crops on food security and agricultural growth in Nigeria from 1990 to 2020 using time series data from the Food and Agriculture Organisation and Central Bank of Nigeria analyzed using descriptive statistics, ADF test, Johansen Co-integration, and Vector Error Correction Model. The results revealed that the trend of maize and rice yield fluctuated considerably over the years, while the trend of agricultural growth experienced an appreciable level of increase. Variables were stationary on first differencing and co-integration exist among the variables. In the long-run, rice yield significantly affected food security while maize yield did not. The coefficient of rice yield (−1.941) was statistically significant. Rice and maize yield significantly affected agricultural growth. The study concluded that the cereal crop sub-sector in Nigeria needs to be strengthened in terms of increased financing, policy enactment, and government commitment to enhance agricultural growth and food security.] http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png

Agricultural Transformation in AfricaCereal Crops Yield, Food Security and Agricultural Growth in Nigeria: A Vector Error Correction Model Approach

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Publisher
Springer International Publishing
Copyright
© The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2023
ISBN
978-3-031-19526-6
Pages
69 –85
DOI
10.1007/978-3-031-19527-3_7
Publisher site
See Chapter on Publisher Site

Abstract

[The study assessed the impact of the yield of selected cereal crops on food security and agricultural growth in Nigeria from 1990 to 2020 using time series data from the Food and Agriculture Organisation and Central Bank of Nigeria analyzed using descriptive statistics, ADF test, Johansen Co-integration, and Vector Error Correction Model. The results revealed that the trend of maize and rice yield fluctuated considerably over the years, while the trend of agricultural growth experienced an appreciable level of increase. Variables were stationary on first differencing and co-integration exist among the variables. In the long-run, rice yield significantly affected food security while maize yield did not. The coefficient of rice yield (−1.941) was statistically significant. Rice and maize yield significantly affected agricultural growth. The study concluded that the cereal crop sub-sector in Nigeria needs to be strengthened in terms of increased financing, policy enactment, and government commitment to enhance agricultural growth and food security.]

Published: Jan 1, 2023

Keywords: Cereal crops; Food security; Agricultural growth; VECM; ADF; Co-integration

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