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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 The Nigerian Rice Economy

Download or read book The Nigerian Rice Economy written by Kwabena Gyimah-Brempong and published by University of Pennsylvania Press. This book was released on 2016-08-10 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: In The Nigerian Rice Economy the authors assess three options for reducing this dependency - tariffs and other trade policies; increasing domestic rice production; and improving post-harvest rice processing and marketing - and identify improved production and post-harvest activities as the most promising. These options however, will require substantially increased public investments in a variety of areas, including research and development, basic infrastructure (for example, irrigation, feeder roads, and electricity), and rice milling technologies.

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 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 Agricultural Trade Policy and Food Security in the Caribbean

Download or read book Agricultural Trade Policy and Food Security in the Caribbean written by Deep Ford and published by Food & Agriculture Org.. This book was released on 2007 with total page 372 pages. Available in PDF, EPUB and Kindle. Book excerpt: Agricultural trade is a major factor determining food security in Caribbean countries. In these small open economies, exports are essential, whilst imports provide a large part of the food supply. This book examines various dimensions of trade policy and related issues and suggests policies to address trade and food security and rural development linkages. It is as a guide and reference documents for agricultural trade policy analysts, trade negotiators, policy-makers and planners in both the public and private sectors.

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 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 Adjustment in Africa

Download or read book Adjustment in Africa written by and published by . This book was released on 1994 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book The Romanian Economic Reform Program

Download or read book The Romanian Economic Reform Program written by Mr.Dimitri G. Demekas and published by International Monetary Fund. This book was released on 1991-06-15 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper outlines the main characteristics and the development of the centrally planned economic sysetm in Romania before the beginnings of the transition to a market eonomy it then presents the design, objectives, and implementation of the reform program.

Book Gender and Agricultural Supply Responses to Structural Adjustment Programmes

Download or read book Gender and Agricultural Supply Responses to Structural Adjustment Programmes written by Grace Ongile and published by Nordic Africa Institute. This book was released on 1999 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study investigates the gender implications of agricultural sector reform in Kenya. The author focuses on smallholder tea production with the aim of pinpointing the factors that influence the adoption of tea among male and female farmers, assessing female farmers perceptions of the changes in living standards over the research period, and suggesting appropriate policy reforms to ensure that women 's interests are taken into account in the design of agricultural reforms.

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 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.