Agricultural Output And Economic Growth
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Published by: Admin

Published: 2 years ago

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Pages: 19

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Abstract

The study investigated the contribution of agricultural sector output to the growth of domestic economy in Nigeria for the period 1990-2017. The study examined the impact of agricultural output and economic growth, as well as to determine the response to shocks in the variable under studied. Cointegration test, Vector Error Correction Model (VECM) and variance decomposition test were utilized in the analysis. The variables employed in the investigation include real gross domestic product (RGDP), agricultural output (AGRIC), gross capital formation (GCF, exchange rate (EXC) and interest rate (INT.RATE).

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