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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 The Effects of Trade and Exchange Rate Policies on Production Incentives in Agriculture

Download or read book The Effects of Trade and Exchange Rate Policies on Production Incentives in Agriculture written by Dimitris Diakosavvas and published by Food & Agriculture Org.. This book was released on 1990 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt:

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 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 Bias Against Agriculture

Download or read book The Bias Against Agriculture written by Romeo M. Bautista and published by . This book was released on 1993 with total page 376 pages. Available in PDF, EPUB and Kindle. Book excerpt: The International Food Policy Research Institute gathered experts in agricultural and economic growth from both government and academia to produce this study. Drawing on economic theory and empirical evidence, the contributors discuss the relative merits of alternative economic policies in a variety of countries, including Peru, Nigeria, Pakistan, and the Philippines. Annotation c. by Book News, Inc., Portland, Or.

Book The Effects of Exchange Rate Policy on Cameroon s Agricultural Competitiveness

Download or read book The Effects of Exchange Rate Policy on Cameroon s Agricultural Competitiveness written by Aloysius Ajab Amin and published by . This book was released on 1996 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt: Examines the effects of trade and exchange rate policies on Cameroon' s agriculture during the period from 1971 to 1993.

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

Download or read book The Effects of Trade and Exchange Rate Policies on Production Incentives in Agriculture written by D. Diakosavvas and published by . This book was released on 1990 with total page 90 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 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 Agricultural Trade and Food Policy

Download or read book Agricultural Trade and Food Policy written by Malcolm D. Bale and published by . This book was released on 1985 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt: This essay reviews and generalizes the recent experience of the World Bank in studies undertaken on pricing and trade policy in agriculture in developing countries. Five archetypical countries are used as the basis for comment: Nigeria, Colombia, Philippines, Jamaica, and Pakistan. The motivation behind each of the studies was to gain an understanding of the incentive or disincentive environment in which agriculture operates. Five issues are addressed: (i) structure of the incentive system; (ii) effect of trade and policy interventions on output, farm income, consumer income, and government revenue; (iii) synchronization of agricultural policy with industrial policy and other macroeconomic policies; (iv) relationship of domestic prices to border prices of similar goods; and (v) possible restructuring of agricultural pricing policies and mechanisms to achieve stated goals. The paper finds that direct government intervention in the production, pricing, and distribution of foods on a massive scale is common; there is a profound distrust of the ability of the market to value and allocate resources. However, little thought is given the type of instrument selected, resulting in price distortions with serious allocative and efficiency effects.

Book The Impact of Agricultural Trade Liberalization on National Food Security in Nigeria  1970 2000

Download or read book The Impact of Agricultural Trade Liberalization on National Food Security in Nigeria 1970 2000 written by Gbadebo Olusegun Odularu and published by Universal-Publishers. This book was released on 2010-08-01 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study attempts to examine the impact of a trade decontrol policy on food output within the Nigerian macroeconomic context. In other words, the study relates trade liberalization to the national food security situation between 1970 and 2000, by employing descriptive statistics and error correction model (ECM) as the research methodologies. Regional and multilateral trade agreements seem to reduce barriers to the flow of commodities across borders, thus fostering a more efficient allocation of scarce resources as well as raising gross output with positive implications for food security at various levels. Though the trend analyses revealed considerable fluctuations, there existed greater improvements during the trade decontrol era than during the period of trade restriction. The production statistics for both agricultural exports and food showed substantial diversity of performance. Deregulation of the exchange rate and abolition of commodity boards were partly responsible for the significantly positive changes in the cash crop market and enhanced farmers' earnings during the trade decontrol era. One positive development during the trade liberalization era is the emerging trend as well as remarkable improvement in the production of agricultural tradables (cocoa, cotton, groundnut, palm kernel, palm oil and rubber), although this was at the expense of the food crop sub sector. Consumer Price Indices recorded high and increasing values during liberalization as compared to before deregulation. That is, the price situation of foods items was particularly more favourable before deregulation than thereafter. By implication, the purchasing power of most Nigerians, especially wage earners, declined, thereby making them to be less food secured. More specifically, beans appeared to be the most expensive of all the selected food items. The price of beans more than doubled that of guinea corn, maize and millet during the liberalization period under study. This made Nigerians more dependent on less nutritious but cheaper food items, such as cassava meals. The EPC analysis showed that food crops enjoyed adequate level of protection even during liberalization. The protection accorded to agriculture during liberalization resulted in a movement of resources to agriculture in general and non-food crops in particular. Since input subsidy and tariffs are crucial ingredients in the computation of EPCs which recorded some differences between the regulated and liberalized periods, Nigerians were less food secured during the liberalization era. The reason adduced for this is that supportive policies and programmes were not put in place to curtail the rising food prices and generally high inflation rate during the period. In view of this, desirable and workable policies are therefore required to reform as well as improve the efficiency of market process, in order to moderate marketing costs and eliminate undue mark ups.

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 Macroeconomic Policy and the Effects on Agricultural Output in Nigeria

Download or read book Macroeconomic Policy and the Effects on Agricultural Output in Nigeria written by Obasi Oji Ukoha and published by Winrock International Institute for Agricultural Development. This book was released on 1999 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: