Article thumbnail

Empirical Analysis of Agricultural Growth and Unemployment in Nigeria

By Opeyemi Eyitayo Ayinde, Kayode Ayinde, I.J.B. Memudu and V.I. Ojehomon

Abstract

Unemployment which has been identified as the major cause of poverty is a worldwide economic problem. Poverty alleviation has been a great concern to developing countries. The economic burden of unemployment on a society necessitates this study. Consequently, this study analyses the Nigerian agricultural growth rate, its contributions, and examines the linkage and dimension of agricultural growth and unemployment rates. Collected time series data were analyzed with the aid of t – test, Duncan Multiple Range test, Granger Causality test and regression analysis. Results showed that Nigerian agricultural growth rate has an inverse relationship with unemployment and re – establish the Cobweb supply theory. In addition, increase in agricultural growth decrease unemployment and thus can alleviate poverty. Consequently, recommending polices to alleviate poverty should focus on increasing agricultural growth.Cobweb supply theory, Granger Causality test, Nigeria, Unemployment, Agricultural and Food Policy, Community/Rural/Urban Development, Environmental Economics and Policy, Farm Management, Food Consumption/Nutrition/Food Safety, Food Security and Poverty, International Relations/Trade, Marketing, Productivity Analysis, Research and Development/Tech Change/Emerging Technologies,

OAI identifier:
Downloaded from http://purl.umn.edu/52147

To submit an update or takedown request for this paper, please submit an Update/Correction/Removal Request.

Suggested articles

Citations

  1. (2002);“Food Security in Nigeria: Implication for Childhood Agric Education”
  2. (1963). An introduction to positive economics fifth edition. English language book society 456-521.
  3. (1973). Employment in Africa: Some critical issues with an Introduction. International Labour office.
  4. Federal office of Statistics (2001): Annual abstract of statistics Abuja Nigeria.
  5. (2001). Food Production: An Africa Challenge.
  6. (2002). Introduction to Econometrics.
  7. (1992). Migration Development sand Urbanization policies in sub-
  8. (1991). Population growth and the labour force, a study of relationships.” Paper presented at a seminar on population and development,
  9. (2002). The state of the Nigerian Economy: Unemployment in the twenty-first century and the way out.
  10. (2000). Towards a Youth Employment Strategy. A Report to the United Nations on Youth Employment.
  11. (1999). Youth Unemployment and National Directorate of Employment self Employment Programmes”.