Agricultural Economics

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Effects of Social Capital on Rural Poverty in Nigeria
(2007) Okunmadewa,F.Y; Yusuf, S.A; Omonona B.T
Against the backdrop of increasing focus on the use of Local Level Institutions (LLIs) in addressing poverty and the growing literature on impact of social capital on welfare and poverty, this study provides empirical evidence for Nigeria. The study focuses on households’ memberships in LLIs using primary data from 587 households in 6 participating pilot states under the World Bank’s assisted Community-based Poverty Reduction Project (CPRP). Six measures of social capital were identified. These are density of membership, internal heterogeneity of associations, meeting attendance, payment of membership due, labor contribution and decision making. The study reveals that an average household size of 9 participates in at least 3 LLIs. Further, internal heterogeneity reveals some level of diversity in each group while meeting attendance index averaged about 60% for all participating members of households. An average of N4, 254.90 membership due and 43 days of labour are contributed by households to LLIs. The basic data from the study indicate that households with higher social capital are less poor using different dimensions of poverty. The study shows that while a unit increase in household size tend to aggravate poverty by 3.1%, one extra year of educational attainment reduces the extent of poverty by 1.6%. The level of heterogeneity of the associations, meeting attendance index, cash contribution score and the labour contribution score are the key social capital dimensions with dampening effect on poverty, in the order listed, a unit change in each of these dimensions of social capital leads to 0.85, 1.2, 0.82 and 0.3%, respectively. The findings of this study support recent emphasis on investing in social capital. In addition, it has been shown that investments in LLIs need to be part of poverty alleviation programmes
Determinants of traditional agricultural exports in Nigeria: an application of cointegration and correction model
(2003) Okoruwa V.O.; Ogundare, G.O; Yusuf, S.A
The study aimed to derive estimates of factors influencing Nigeria’s agricultural exports to five principal countries - United States, The Netherlands, United Kingdom, Germany, and France, with the aid of error correction representation procedures. The analysis was carried out with the data collected on Nigeria primary exports - cocoa, palm kernel, and rubber, over 38 years (1960 - 1997). Agricultural commodity exports to the selected countries were influenced by the domestic output, population growth, quantity supplied by competing countries, index of industrial production of importing countries, and time trend. However, the domestic output and population growth rate were the most significant factors influencing agricultural exports in the importing countries. In addition, there is high feedback captured by the coefficients of the error correction mechanism. There seems to be an instantaneous change in the short-run equilibrium to long-run equilibrium values of agricultural exports as a result of policy changes in the regressors. Efforts to boost agricultural exports from Nigeria will need to incorporate policy measures to improve producer prices, enhance the quality of the products, and ensure timely exports of the commodities, especially those with a positive relationship between the index of industrial production of importing countries and Nigeria’s exports. With short-run policy changes by the importing countries, the rate of response by Nigerian producers through exports will be almost spontaneous, as indicated by the coefficient of the error correction mechanism ECM (-1).

Agricultural Economics

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