The Effect of Agricultural Productivity on Economic Growth in Nigeria

2006 ◽  
Vol 72 (4) ◽  
pp. 891-914
Author(s):  
Jing Jun Chang ◽  
Been‐Lon Chen ◽  
Mei Hsu

2019 ◽  
Vol 56 (03) ◽  
pp. 767-773
Author(s):  
Ehsan Bhutta

The evolution of high-yielding varieties of seeds, increasing use of fertilizers, pesticides, installation of tube-wells and mechanization has increased the agricultural productivity (AP). An efficient agricultural marketing (AM) system increases the growth of agri-business and improves the economic growth. More recently, research has shown that agriculture growth cannot be realized without well- functioning agricultural produce markets (APMs).In Pakistan, however, development of APMs largely remained neglected because of overriding emphasis of public policies on enhancing AP. Consequently, APMs could not be developed adequately and imperfections in the legal structure, management and operations of these markets have limited their performance. A survey was conducted in nine districts of the Punjab province having interviews with staff of market committees (MCs-90), commission-agents (CAs-90), whole-sellers (WS-90) and retailers (RT-90). The results reflect that there is an urgent need for amending legal and institutional mechanism for making APMs efficient. The study will help academia and policy makers to improve efficiency of APMs in the province


1995 ◽  
Vol 16 (3) ◽  
pp. 1-3 ◽  
Author(s):  
Shubh K. Kumar

This report examines the role of hybrid maize adoption in Eastern Province, Zambia, in improving the welfare of the population. Improving agricultural productivity of farmers in Zambia is important for the success of the country's new economic growth strategy. Past investment in hybrid maize research has developed a potential for increased productivity that needs to be fully utilized.


2017 ◽  
Vol 53 (5) ◽  
pp. 685-702 ◽  
Author(s):  
Saeed Solaymani ◽  
Nora Yusma Bt Mohamed Yusoff

This study uses a computable general equilibrium approach to investigate the impact of high global food and agricultural commodity prices and two mitigation options (a rise in agricultural input subsidies and an improvement in agricultural productivity) on poverty and economic performance of Malaysia. Simulated results showed that, as a whole, the high global food price has a negative impact on the economic growth of Malaysia. It decreases real gross domestic product of Malaysia by 0.53%. Although the food price hike initially increases poverty in urban areas, it would significantly decrease the poverty of rural and noncitizen households. However, both mitigation options can reduce the negative impact of the shock on the poverty and economic growth of Malaysia. The agricultural subsidy rise option cannot reduce the poverty level of all household groups, whereas the productivity improvement option can alleviate the poverty level of all household groups. In conclusion, results suggest that the agricultural productivity improvement option is more effective than the agricultural subsidy rise option to mitigate the negative impact of global food price shocks on the economy and poverty of Malaysia.


2021 ◽  
Vol 7 (1) ◽  
pp. 117-136
Author(s):  
Turgut Tursoy ◽  
Andrea Simbarashe Rabson

Purpose. The study aims to examine the nexus between agricultural productivity by connecting oil prices, economic growth, and financial development. Design/Methodology/Approach. A newly formulated ARDL model was used to estimate an agricultural productivity nexus model using annual time-series data from 1962 to 2016. Innovation and additive structural break unit root tests were applied to determine the existence of unit roots, and the results reaffirmed that all the variables were stationary at first difference. The Chow Breakpoint test was applied to confirm a structural break in the year 2008 caused by the effects of the 2008 financial crisis. Findings and Implications. The results depicted a long-run relationship linking agricultural productivity, oil prices, economic growth, financial development and a financial crisis. The results also showed that financial development and economic growth have positive effects on agricultural productivity. The empirical findings further suggested that an increase in oil prices and the prevalence of a financial crisis have severe adverse effects on agricultural productivity. Originality. The study provides a novel viewpoint of agricultural productivity by connecting oil prices, economic growth, and financial stability and development. The study successfully demonstrated that the financial sector and oil price stability are pivotal for enhancing agricultural productivity initiatives. This study highlights the policy implications of the estimated results for policymakers seeking to boost agricultural productivity by addressing economic misfortunes induced by oil shocks and a financial crisis.


2019 ◽  
pp. 1528-1541
Author(s):  
William Amone ◽  
Dick Nuwamanya Kamuganga ◽  
Godswill Makombe

Although many countries in the world including Uganda witnessed high rates of economic growth in the last three decades, the strong growth has failed to holistically deliver the expected prosperity. Amidst Uganda's strong growth of about 7% per annum, of the recent decades, poverty, unemployment and inequality have remained pervasive especially in the rural areas; an indication that the growth process has not been pro-poor and inclusive of the deprived. Agriculture which is the sector employing majority of Uganda's poor has also not developed much; within the same period the sector grew at an average rate of 2% per annum and its productivity has remained considerably low. This chapter reviews the trending conception of inclusive economic growth, and its relevance to Uganda's development process. In its final section, the chapter assesses the factors that affect agricultural productivity and it discusses the most effective means of raising productivity in order to make the growth process of the country more broad-base, pro-poor and inclusive.


2013 ◽  
Vol 18 (5) ◽  
pp. 998-1017 ◽  
Author(s):  
Ayşe İmrohoroğlu ◽  
Selahattın İmrohoroğlu ◽  
Murat Üngör

This paper investigates the growth experience of one country in detail in order to enhance our understanding of important factors that affect economic growth. Using a two-sector model, we identify low productivity growth in the agricultural sector as the main reason for the divergence of income per capita between Turkey and its peer countries between 1968 and 2005. An extended model that incorporates distortions in the use of intermediate goods in producing agricultural output indicates that policies that have different effects across sectors and across time may be important in explaining the growth experience of countries.


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