Author: Abimbola A. AdubiPublisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 64
Book Description
Price, Exchange Rate Volatility and Nigeria's Agricultural Trade Flows
Author: Abimbola A. AdubiPublisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 64
Book Description
The Effects of Trade and Exchange Rate Policies on Agriculture in Nigeria
Author: T. Ademola OyejidePublisher: Intl Food Policy Res Inst
ISBN: 9780896290563
Category : Social Science
Languages : en
Pages : 68
Book Description
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.
Unanticipated Exchange Rate Variability and Nigeria's Agricultural Export Growth
Author: Godwin AkpokodjePublisher:
ISBN:
Category : Export marketing
Languages : en
Pages : 40
Book Description
Exchange Rate Volatility and International Agricultural Trade
Author: Suchada Vichitakul LangleyPublisher: Captus Press
ISBN: 9781553220435
Category : Business & Economics
Languages : en
Pages : 184
Book Description
Agricultural Supply Response to Trade and Exchange Rate Reforms in Nigeria
Author: Abidemi AbiolaPublisher: GRIN Verlag
ISBN: 3668831777
Category : Technology & Engineering
Languages : en
Pages : 209
Book Description
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.
Trade and Exchange Rate Liberalization, and Competitiveness of Nigeria's Tradable Commodities
Author: Exchange Rate Volatility and Bilateral Agricultural Trade Flows
Author: Kashi KaflePublisher: LAP Lambert Academic Publishing
ISBN: 9783848436187
Category :
Languages : en
Pages : 124
Book Description
This study documents the effect of exchange rate volatility and the real exchange rate on bilateral agricultural exports, imports and total trade (exports + imports) flows between the United States and OECD countries. The effect of exchange rate volatility is estimated both separately from and in combination with the real exchange rate. In addition, effects of implementation of Free Trade Agreements (FTAs) and use of the Euro as a national currency (Euro) are also estimated. With an empirical model based on a gravity equation, the results show that exchange rate volatility and the real exchange rate have a statistically significant and negative effect on agricultural, non-agricultural and total exports, imports, and trade (exports +imports) flows. Exchange rate volatility is found to have a greater impact on the agricultural sector, while the real exchange rate has a greater impact on the non-agricultural sector. Effects of FTAs and the Euro are always positive, with FTAs having a greater impact on the agricultural sector and the Euro on the non-agricultural sector.
The Impact of Price and Exchange Rate Fluctuations on Volume of Agricultural Export Commodities
Author: S. A. N. D. ChidebeluPublisher:
ISBN:
Category : Exports
Languages : en
Pages : 52
Book Description
Author: M. Kwanashie
Author: