A Vector Error Correction Model Approach to Government Agricultural Expenditure on Agricultural Growth in Nigeria Under the Period of Uninterrupted Democracy (1999–2020)

Ogah, Odey Moses; B., None Bartholomew,; Ezihe, J. A. C.

doi:10.1007/978-3-031-19527-3_11

Agricultural Transformation in Africa

2023

DOI: 10.1007/978-3-031-19527-3_11

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A Vector Error Correction Model Approach to Government Agricultural Expenditure on Agricultural Growth in Nigeria Under the Period of Uninterrupted Democracy (1999–2020)

Odey Moses Ogah

None Bartholomew, B.

J. A. C. Ezihe

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2024

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The role of private sector investment in agriculture: A catalyst for sustainable development in Asia

Pickson,

Gui,

Jian

et al. 2024

Sustainable Development

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The agricultural sector is a crucial driver for sustainable development in many countries, as it directly or indirectly contributes to various United Nations Sustainable Development Goals. However, this sector requires increasing financial investment to rejuvenate and modernise production processes. This study investigates the impact of private sector investment on agricultural production across selected Asian countries from 2001Q1 to 2020Q4. The results of the Driscoll‐Kraay regression and the method of moments quantile regression reveal that private agricultural investment positively affects agricultural production. The findings indicate positive contributions from agricultural aid, domestic credit, and rural population, whereas remittances negatively affect agricultural production. The Dumitrescu‐Hurlin panel causality test results establish bidirectional causality between farm production and its determinants (private agricultural investment, agricultural aid, domestic credit, remittances, and the rural population). Based on these findings, we recommend that policymakers and governments incentivise and facilitate private agricultural investment to drive sustainable development. This strategy could boost agricultural productivity and enhance a more resilient agricultural system capable of withstanding environmental challenges while improving farmers' incomes and livelihoods.

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The role of private sector investment in agriculture: A catalyst for sustainable development in Asia

Pickson,

Gui,

Jian

et al. 2024

Sustainable Development

View full text Add to dashboard Cite

show abstract

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A Vector Error Correction Model Approach to Government Agricultural Expenditure on Agricultural Growth in Nigeria Under the Period of Uninterrupted Democracy (1999–2020)

Cited by 1 publication

References 14 publications

The role of private sector investment in agriculture: A catalyst for sustainable development in Asia

The role of private sector investment in agriculture: A catalyst for sustainable development in Asia

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