The Impact of Crop Production on the Economic Growth of Nigeria

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Maria Chinecherem Uzonwanne
Catherine Chidinma Mbah
Chinasa Ifeoma Obi
Francis Chukwudi Onyedibe

Abstract

Purpose: This study uses time series data ranging from 1981 to 2021 to analyze the impact of crop production on the gross domestic product (GDP) in the Nigerian economy. The study adopted ordinary least square techniques for the regression analysis.


Approach/Methodology/Design: The variables of the study were subjected to unit root tests and were found to be stationary at first difference. Johansen co-integration was adopted and the result posits a short-run relation between the variables of interest (GDP, crop production (CP) as well as labor output (LO).


Findings: The result from the error correction model shows that crop production has a positive and significant impact on economic growth in Nigeria. This study also finds that labor productivity has a positive and significant impact on economic growth. The study concluded that crop production has a positive and statistically significant impact on economic growth in Nigeria for the period under review. 


 Originality/value: The study recommends that there is a need to improve the mode of production. This could imply having an optimal mix of labor and capital-intensive means of production in crop production to boost economic output.

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How to Cite
Uzonwanne, M. C. ., Mbah, C. C. ., Obi, C. I. ., & Onyedibe, F. C. . (2023). The Impact of Crop Production on the Economic Growth of Nigeria. Journal of Advanced Research in Economics and Administrative Sciences, 4(2), 1-12. https://doi.org/10.47631/jareas.v4i2.603
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