Agricultural investment for growth and poverty reduction in Nigeria
This study assesses public investment required for agricultural growth and poverty reduction in Nigeria. Using time series data for public spending and agricultural total factor productivity (TFP) growth, the econometrically estimated results show that one percent of growth in agricultural spending...
| Autores principales: | , , , |
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| Formato: | Artículo preliminar |
| Lenguaje: | Inglés |
| Publicado: |
International Food Policy Research Institute
2009
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| Materias: | |
| Acceso en línea: | https://hdl.handle.net/10568/160045 |
| _version_ | 1855521561240403968 |
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| author | Alpuerto, Vida Diao, Xinshen Salau, Sheu Nwafor, Manson |
| author_browse | Alpuerto, Vida Diao, Xinshen Nwafor, Manson Salau, Sheu |
| author_facet | Alpuerto, Vida Diao, Xinshen Salau, Sheu Nwafor, Manson |
| author_sort | Alpuerto, Vida |
| collection | Repository of Agricultural Research Outputs (CGSpace) |
| description | This study assesses public investment required for agricultural growth and poverty reduction in Nigeria. Using time series data for public spending and agricultural total factor productivity (TFP) growth, the econometrically estimated results show that one percent of growth in agricultural spending generates 0.24 percent of growth in agricultural TFP. To support 9.5 percent in agricultural annual growth in 2009-17, a growth rate from the economy-wide analysis on options of growth for poverty reduction (Diao et al. 2009), required agricultural investment would have to grow at 23.8 percent annually in the same period. However, if the spending efficiency were improved based on an estimated elasticity for Sub-Saharan Africa as whole, then required agricultural investment would grow at 13.6 percent per year instead. The study also shows that investment outside agriculture benefits the agricultural sector. By taking into account such indirect effect of public investment, required growth in agricultural spending is much lower. |
| format | Artículo preliminar |
| id | CGSpace160045 |
| institution | CGIAR Consortium |
| language | Inglés |
| publishDate | 2009 |
| publishDateRange | 2009 |
| publishDateSort | 2009 |
| publisher | International Food Policy Research Institute |
| publisherStr | International Food Policy Research Institute |
| record_format | dspace |
| spelling | CGSpace1600452025-11-06T05:51:15Z Agricultural investment for growth and poverty reduction in Nigeria Alpuerto, Vida Diao, Xinshen Salau, Sheu Nwafor, Manson agricultural growth public expenditure econometrics poverty alleviation investment This study assesses public investment required for agricultural growth and poverty reduction in Nigeria. Using time series data for public spending and agricultural total factor productivity (TFP) growth, the econometrically estimated results show that one percent of growth in agricultural spending generates 0.24 percent of growth in agricultural TFP. To support 9.5 percent in agricultural annual growth in 2009-17, a growth rate from the economy-wide analysis on options of growth for poverty reduction (Diao et al. 2009), required agricultural investment would have to grow at 23.8 percent annually in the same period. However, if the spending efficiency were improved based on an estimated elasticity for Sub-Saharan Africa as whole, then required agricultural investment would grow at 13.6 percent per year instead. The study also shows that investment outside agriculture benefits the agricultural sector. By taking into account such indirect effect of public investment, required growth in agricultural spending is much lower. 2009 2024-11-21T09:50:00Z 2024-11-21T09:50:00Z Working Paper https://hdl.handle.net/10568/160045 en Open Access application/pdf International Food Policy Research Institute Alpuerto, Vida; Diao, Xinshen; Salau, Sheu; and Nwafor, Manson. 2009. Agricultural investment for growth and poverty reduction in Nigeria. NSSP Working Paper 1. Abuja, Nigeria: International Food Policy Research Institute (IFPRI). https://hdl.handle.net/10568/160045 |
| spellingShingle | agricultural growth public expenditure econometrics poverty alleviation investment Alpuerto, Vida Diao, Xinshen Salau, Sheu Nwafor, Manson Agricultural investment for growth and poverty reduction in Nigeria |
| title | Agricultural investment for growth and poverty reduction in Nigeria |
| title_full | Agricultural investment for growth and poverty reduction in Nigeria |
| title_fullStr | Agricultural investment for growth and poverty reduction in Nigeria |
| title_full_unstemmed | Agricultural investment for growth and poverty reduction in Nigeria |
| title_short | Agricultural investment for growth and poverty reduction in Nigeria |
| title_sort | agricultural investment for growth and poverty reduction in nigeria |
| topic | agricultural growth public expenditure econometrics poverty alleviation investment |
| url | https://hdl.handle.net/10568/160045 |
| work_keys_str_mv | AT alpuertovida agriculturalinvestmentforgrowthandpovertyreductioninnigeria AT diaoxinshen agriculturalinvestmentforgrowthandpovertyreductioninnigeria AT salausheu agriculturalinvestmentforgrowthandpovertyreductioninnigeria AT nwaformanson agriculturalinvestmentforgrowthandpovertyreductioninnigeria |