EFFECT OF INSECURITY ON AGRICULTURAL PRODUCTIVITY IN NIGERIA
- Chidi Iloabuchi Chima
- ( paper pages. 467 - 491 )
Abstract
Food security,
agricultural productivity, and foreign and domestic investment in Nigeria have
all been affected by the rising level of insecurity in the country and climate
change. This study used the autoregressive distributed lag model to analyse
data from 1981 to 2021 to investigate the effects of insecurity on
agricultural productivity in Nigeria. The study's empirical results show that
increased levels of insecurity negatively impacted inflation rates and
foreign direct investment, affecting agricultural productivity both in the short
and long run. Further, both the unemployment rate and insecurity have shown
negative short- and long-run effects on agricultural output; with the short-run
negative effects linked to government subsidy programmes intended to lessen the
consequences of the increasing prevalence of insecurity in Nigeria. The study
findings also suggest that population expansion and gross fixed capital
formation have negative short- and long-term effects on agricultural
productivity, which reduces agricultural output. The study indicates that
government expenditure on healthcare, education, and agriculture can positively
impact agricultural production over the long term, ultimately increasing food
productivity in Nigeria. As a result, the study suggests that governments
provide favourable conditions for both domestic and foreign investors. This can
generate jobs for the populace and eventually deter insecurity while also
promoting agricultural output in Nigeria.
Citation
Chidi Iloabuchi Chima.
2023.
"EFFECT OF INSECURITY ON AGRICULTURAL PRODUCTIVITY IN NIGERIA"
The Nigerian Journal of Economic and Social Studies,
65 (3): 467 - 491.
JEL Classification
C1, E2, H5, O47
