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Book Agricultural Supply Response to Trade and Exchange Rate Reforms in Nigeria

Download or read book Agricultural Supply Response to Trade and Exchange Rate Reforms in Nigeria written by Abidemi Abiola and published by GRIN Verlag. This book was released on 2018-11-09 with total page 209 pages. Available in PDF, EPUB and Kindle. Book excerpt: Doctoral Thesis / Dissertation from the year 2017 in the subject Agrarian Studies, University of Ibadan (Department of Economics), course: Economics, language: English, abstract: The study was anchored on theories of production and supply response. A Nerlovian supply response model (1956) as modified by Karbasi and Tavana (2008) which captures the impact of trade and exchange rate reforms on agricultural commodities prices and outputs, and with acreage cultivated, labour and cost of agricultural machinery as control variables was explored. Major cash crops (cocoa, palm produce, palm kernel, groundnuts, rubber and cotton) and food (cassava, maize, yam and rice accounting for 28.0% of the 40.0% of staple food output) were purposively selected. Data were collected from the World Trade Organisation Trade Statistics, World Bank UN-COMTRADE statistics and World Development Indicators; Food and Agricultural Organisation Year Book Statistics and Agricultural Market Access Database; Central bank of Nigeria’s Statistical Bulletin and National Bureau of Statistics Annual Abstracts of Statistics. A Structural Vector Autoregression model was estimated via the generalized Impulse response functions and variance decomposition estimation techniques. All estimates were validated at p≤0.05. Trade policy shifted from a restrictive regime in 1970 to a liberalized regime starting from1995. Exchange rate policy similarly moved from a fixed regime in 1970 to a managed/float regime from 1986 to 2013. These reforms had diverse significant effects on both the prices and outputs of all sampled agricultural commodities. Trade effect was positive for palm kernel, cotton, rubber and cassava, while negative for the others. The effects were permanent across the ten commodities, while the elasticities for all the commodities range between 0.002 and 0.05. Exchange rate effect was positive for palm kernel, cotton, maize and rice, while negative for the others. The effects were also permanent except for rubber which was transitory, while elasticities for the commodities range between 0.1 and 2.3. On aggregate, the cost of machinery was found to be negatively related to the commodities outputs. A percentage increase in the cost of machinery brings about a 15.0 percent decline in output. Land and labour were positively and negatively related to output, respectively. An additional acre of land cultivation increased aggregate supply by 31.1%, while an increase in the use of labour decreased output by 19.0%. Trade and exchange rate reforms were critical in explaining the supply responses of sampled commodities, hence, the need for favourable and stable reforms.

Book The Effects of Trade and Exchange Rate Policies on Agriculture in Zaire

Download or read book The Effects of Trade and Exchange Rate Policies on Agriculture in Zaire written by Tshikala B. Tshibaka and published by Intl Food Policy Res Inst. This book was released on 1986 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt: Research report, trade policy, exchange rate, agricultural policy, agricultural production, agriculture, Zaire since 1960 - economic policy, economic analysis, economic development, food import volume, food security, inflation, balance of payments, cash crop export volume, statistical analysis. Bibliography, graphs, statistical tables.

Book The Effects of Trade and Exchange Rate Policies on Agriculture in Nigeria

Download or read book The Effects of Trade and Exchange Rate Policies on Agriculture in Nigeria written by T. Ademola Oyejide and published by Intl Food Policy Res Inst. This book was released on 1986 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt: Focuses on the effects of Nigeria's trade and exchange rate policies on agricultural incentives especially during the 1970s, the period of the oil boom. Attempts to determine the degree of protection granted to agriculture compared with other sectors, and assesses how these policies affected the allocation of resources both within agriculture and among the other sectors.

Book Agricultural Supply Response for Export Crops

Download or read book Agricultural Supply Response for Export Crops written by Boubacar Diallo and published by . This book was released on 2001 with total page 174 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Exchange Rate  and Trade Liberalization  and Non oil Exports in Nigeria

Download or read book Exchange Rate and Trade Liberalization and Non oil Exports in Nigeria written by M. Kwanashie and published by . This book was released on 1998 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book The Supply Response to Exchange Rate Reform in Sub Saharan Africa

Download or read book The Supply Response to Exchange Rate Reform in Sub Saharan Africa written by Mustapha Rouis and published by World Bank Publications. This book was released on 1994 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Aggregate Agricultural Supply Response in Developing Countries

Download or read book Aggregate Agricultural Supply Response in Developing Countries written by Maurice W. Schiff and published by World Bank Publications. This book was released on 1995 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book The Road Half Traveled

Download or read book The Road Half Traveled written by Mylène Kherallah and published by Intl Food Policy Res Inst. This book was released on 2000 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt: The need for agricultural reform; How far did reforms go? Impact of the reforms; The future of agricultural market reform in Sub-Saharan Africa.

Book Real Exchange Rate Price and Agricultural Supply Response in Ethiopia

Download or read book Real Exchange Rate Price and Agricultural Supply Response in Ethiopia written by Asmerom Kidane and published by . This book was released on 1999 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Analyzing the Distributional Impact of Reforms  A practitioner s guide to trade  monetary and exchange rate policy  utility provision  agricultural markets  land policy  and education

Download or read book Analyzing the Distributional Impact of Reforms A practitioner s guide to trade monetary and exchange rate policy utility provision agricultural markets land policy and education written by World Bank and published by World Bank Publications. This book was released on 2005 with total page 318 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication is a practitioner's guide for analyzing the distributional impact of reforms to trade, monetary and exchange rate policy, utility provision, agricultural markets, land policy and education. These six areas of policy reform are the ones most likely to have an impact on distribution and poverty. Such analysis helps in policy formulation and development and for implementing poverty reduction strategies in developing countries. Each chapter in this volume provides an overview and guidance on the specific issues arising in the analysis of the distributional impacts of policy and institutional reforms in selected sectors.

Book Trade Reforms and Food Security

Download or read book Trade Reforms and Food Security written by Food and Agriculture Organization of the United Nations and published by Food & Agriculture Org.. This book was released on 2006 with total page 634 pages. Available in PDF, EPUB and Kindle. Book excerpt: The links between trade-related policy reforms and food security is of key concern to many developing countries. This publication sets out the findings of 15 country case studies from Cameroon, Chile, China, Ghana, Guatemala, Guyana, India, Kenya, Malawi, Morocco, Nigeria, Peru, Senegal, Tanzania and Uganda. The coverage includes countries at different stages of development with the main focus on low-income countries that are likely to be at greater risk of food insecurity. The studies examine the impact of trade-related policy reforms on agricultural prices, production and trade, and the consequences for food security issues for each country.

Book A Practical Guide to Trade Policy Analysis

Download or read book A Practical Guide to Trade Policy Analysis written by Marc Bacchetta and published by . This book was released on 2012 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Trade flows and trade policies need to be properly quantified to describe, compare, or follow the evolution of policies between sectors or countries or over time. This is essential to ensure that policy choices are made with an appropriate knowledge of the real conditions. This practical guide introduces the main techniques of trade and trade policy data analysis. It shows how to develop the main indexes used to analyze trade flows, tariff structures, and non-tariff measures. It presents the databases needed to construct these indexes as well as the challenges faced in collecting and processing these data, such as measurement errors or aggregation bias. Written by experts with practical experience in the field, A Practical Guide to Trade Policy Analysis has been developed to contribute to enhance developing countries' capacity to analyze and implement trade policy. It offers a hands-on introduction on how to estimate the distributional effects of trade policies on welfare, in particular on inequality and poverty. The guide is aimed at government experts engaged in trade negotiations, as well as students and researchers involved in trade-related study or research. An accompanying DVD contains data sets and program command files required for the exercises. Copublished by the WTO and the United Nations Conference on Trade and Development

Book World Bank Adjustment Lending and Economic Performance in Sub Saharan Africa in the 1980s

Download or read book World Bank Adjustment Lending and Economic Performance in Sub Saharan Africa in the 1980s written by Ibrahim Elbadawi and published by World Bank Publications. This book was released on 1994 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Foreign Trade Reforms and Development Strategy

Download or read book Foreign Trade Reforms and Development Strategy written by Jean-Marc Fontaine and published by Routledge. This book was released on 2005-07-27 with total page 209 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 1992. Routledge is an imprint of Taylor & Francis, an informa company.

Book The Impact of Policy in African Agriculture

Download or read book The Impact of Policy in African Agriculture written by William Kenneth Jaeger and published by World Bank Publications. This book was released on 1991 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt: Policy in Sub-Saharan African countries is linked with the region's agricultural performance. Exchange rate policies, high taxes on agriculture, and government control of export marketing are associated with the deterioration in agricultural export performance in 1970-87. And the policy reforms of the late 1980s - where sustained and effective - are linked with increased agricultural productivity.

Book Public Enterprise Reform in Nigeria

Download or read book Public Enterprise Reform in Nigeria written by Afeikhena Jerome and published by . This book was released on 2003 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Agricultural Incentives in Sub Saharan Africa

Download or read book Agricultural Incentives in Sub Saharan Africa written by Robert Frederick Townsend and published by World Bank Publications. This book was released on 1999-01-01 with total page 226 pages. Available in PDF, EPUB and Kindle. Book excerpt: Printed on Demand. Limited stock is held for this title. If you would like to order 30 copies or more please contact [email protected] Contact [email protected], if currently unavailable. QUOTEAs we move into the 21st century, Africa faces tremendous opportunities for growth in which agriculture will continue to play a prominent role. Implementing the unfinished policy agenda is critical to realizing these opportunities.QUOTE-Hans P. Binswanger, Sector Director The main focus of this study is on improving the policy regime in Africa to stimulate agricultural growth. It examines the state of agricultural incentives in Sub-Saharan Africa, taking stock of the current policy environment and its recent evolution, to update knowledge and to help develop a stronger consensus on the appropriate policies and incentives that will stimulate agricultural growth. The global environment is examined together with the macroeconomic, export crop, food crop, and fertilizer policies in 16 African countries.