Agricultural Economics

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End date: 2009Subject: search.filters.subject.Nigeria

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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
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    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).
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    Determinants of Selected Agricultural Export Crops in Nigeria: An Ecm Approach
    (2007) Yusuf, S.A.; Yusuf, W.A
    This study examines the factors that determine the export performance of three major agricultural exportable commodities of cocoa, rubber and palm-kernel in the context of liberalization. Using time series data covering thirty-three years and to avoid spurious result, error correction model was applied in the analysis. The unit root test is in line with the a priori expectation that macroeconomic variables are not stationary at their level. Virtually all the variables tested were differenced once before attaining stationarity. Each of the three equations indicated that the dependent variables cointegrated with their arguments at 1 percent level. There is the existence of short term and long term equilibrium relationships between the dependent variables and their determinants. The results of the parsimonious error correction specifications showed that the previous year’s output and the net value of world trade negatively affect cocoa exports at 1 percent level while the previous year’s GDP positively contributes to cocoa exports at 5 percent. The lagged price ratio reduces rubber exports significantly at 5 percent but the real exchange rate significantly increases the export performance of rubber at 10 percent level. The previous year’s exports of palm kernel and the real GDP contributed positively to palm-kernel exports at 5 percent level while the lagged premium and palm kernel output negatively contributed to its export at 5 percent and 10 percent respectively. Promotion of agricultural exports is essential to reduce the burden of dependence on oil exports
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    Vulnerability Profile of Rural Households in South West Nigeria
    (Canadian Center of Science and Education, 2001) Adepoju, A.O.; Yusuf, S. A.; Omonona, B. T.; Okunmadewa, F. Y.
    This paper examined vulnerability to poverty of households among rural households in South West Nigeria using primary data from a two-wave panel survey (lean versus harvesting periods). Results showed that on the average there is a 0.56 probability of entering poverty a period ahead in the region and relatively high poverty rates were associated with much higher vulnerability while low poverty rates were associated with considerably low vulnerability. Vulnerable households are mostly large sized with high number of dependants and characterized by under aged or old, female headed, widowed household heads. They are mostly engaged in farming as their primary occupation, have no or low educational attainment and are landless. The findings underscore the centrality of social protection policy mechanisms as potent poverty reduction tools and necessary policy interventions to reduce consumption variability through reducing exposure to risk or improving the ex post coping mechanisms of the vulnerable.