THE EFFECT OF GOVERNMENT EXPENDITURE ON NIGERIAN AGRICULTURAL SECTOR:1977-2006
THE EFFECT OF GOVERNMENT EXPENDITURE ON NIGERIAN AGRICULTURAL SECTOR:1977-2006
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Date
2009
Authors
BUHARI, NAFISAT
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Abstract
Investment in Nigerian agriculture in terms of government expenditure
is a sine qua non for increased output and agricultural development in general.
However, in over three decades of public expenditure programming, the goal of
food security in agriculture remains elusive and the development outlook
continues to be precarious. While several attempts were made by the
government by introducing several measures and policies, the impact of
government agricultural expenditure output has not been substantial over the
years.
An attempt is made in this thesis to examine the effect of government
expenditure on output using an ordinary least square estimation technique for
the period 1977-2006, and also to investigate the parameter constancy using a
chow break point test. The breakpoint test confirms that there are differences in
the performance of the agricultural GDP (output) within the pre-SAP and the
with-SAP eras. As a result of this, the study estimated for each period to
determine their level of performances, and their aggregated value was
evaluated in order to see the effect of government expenditure on agricultural
output. The results show that agricultural output does not respond significantly
to government expenditure on agriculture. It confirms that the government
contribution to agriculture is not enough for its development.
It is therefore suggested that the unique role of agriculture is recognized
so that the sector can obtain its right share of government expenditure.
Description
A THESIS SUBMITTED TO THE POST- GRADUATE SCHOOL,
AHMADU BELLO UNIVERSITY. IN PARTIAL FULFILLMENT FOR THE
REQUIREMENT FOR THE DEGREE OF MASTER OF SCIENCE IN
ECONOMICS.
DEPARTMENT OF ECONOMICS,
FACULTY OF SOCIAL SCIENCES,
AHMADU BELLO UNIVERSITY,ZARIA.
2009
Keywords
EXPENDITURE, GOVERNMENT,, NIGERIAN,, AGRICULTURAL