IMPACT OF AGRICULTURAL DEVELOPMENT ON NIGERIA ECONOMIC GROWTH, 1980– 2014

IMPACT OF AGRICULTURAL DEVELOPMENTON NIGERIA ECONOMIC GROWTH, 1980– 2014

ABSTRACT

In recent decades, the potential contribution of agriculture to economic growth has been a subject of much controversy among development economists. While some contend that agricultural development is a pre-condition for industrialization, others strongly disagree and argue for a different path.
Taking advantage of Ordinary Least Square Method (OLD), the research carried out by means of secondary data and using independent variables: Agricultural Development, Capital Accumulation, Inflation Rate and Interest Rate re-examines the question of whether agriculture could serve as an engine of growth for the Nigerian economy
Results from the empirical analysis shows that the productivity in agricultural sector has not appreciably impacted positively on the economic growth in Nigeria.

TABLE OF CONTENTS
Cover Page
Title Page
Certification
Dedication
Acknowledgement

Abstract
Table of Contents

CHAPTER ONE
INTRODUCTION
1.1 Background of the Study
1.2 Statement of Problem
1.3 Objectives of the Study
1.4 Statement of Hypothesis
1.5 Significance of the Study
1.6 Scope and Limitations of the Study
CHAPTER TWO
LITERATURE REVIEW
2.1 Theoretical Literature
2.1.1 Agriculture As A Passive Contributor to
Economic Development (Classical School
of 1950s and 1960s)

2.1.2 Agricultural led Industrialization
(Classical School of 1970s and 1980s)

2.1.3 Agricultural Linkages And Growth and
Development

2.1.4 Problems Associated with Agricultural Development
2.1.5 Empirical Literature
2.2.1 Agriculture and Poverty Reduction
2.2.2 Agriculture and Nutrition
CHAPTER THREE
RESEARCH METHODOLOGY
3.1 Methodology
3.2 Area of Study and Coverage
3.3 Model Specification
3.4 Data Sources
3.5 Method of Evaluation
CHAPTER FOUR
PRESENTATION AND ANALYSIS OF RESULTS
4.1 Unit Root Test
4.2 Co-Integration Test
4.3 Economic Opinion, Interpretation
4.4 Statistical Criteria of the Result
4.5 Econometric Criteria of the Result

CHAPTER FIVE
SUMMARY, RECOMMENDATION AND CONCLUSION
5.1 Summary of Findings
5.2 Policy Recommendation
5.3 Conclusion
Bibliography
Appendix

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