Options for agricultural growth for poverty reduction in Nigeria
This study analyzes growth options in agricultural sub-sectors to accelerate overall economic growth and reduce poverty in Nigeria in the next nine years (2009-17) using an economy-wide, dynamic computable general equilibrium (DCGE) model. The model results show that if the individual agricultural s...
| Main Authors: | , , |
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| Format: | Artículo preliminar |
| Language: | Inglés |
| Published: |
International Food Policy Research Institute
2009
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| Subjects: | |
| Online Access: | https://hdl.handle.net/10568/161493 |
| _version_ | 1855537264920100864 |
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| author | Diao, Xinshen Nwafor, Manson Alpuerto, Vida |
| author_browse | Alpuerto, Vida Diao, Xinshen Nwafor, Manson |
| author_facet | Diao, Xinshen Nwafor, Manson Alpuerto, Vida |
| author_sort | Diao, Xinshen |
| collection | Repository of Agricultural Research Outputs (CGSpace) |
| description | This study analyzes growth options in agricultural sub-sectors to accelerate overall economic growth and reduce poverty in Nigeria in the next nine years (2009-17) using an economy-wide, dynamic computable general equilibrium (DCGE) model. The model results show that if the individual agricultural subsectors’ growth targets set by the Nigerian government can be achieved, the country will have 9.5 percent of agricultural annual growth and 8.0 percent of GDP growth in the next 10 years. The national poverty rate will fall to 30.8 percent by 2017, more than halving 1996’s poverty rate of 65.6 percent, thereby accomplishing the objective for MDG1. The report emphasizes that in designing an agricultural strategy and in prioritizing growth, it is important to consider the following four factors at the subsector level: (i) the size of a subsector in the economy, (ii) growth multiplier effect through linkages of a subsector with the rest of the economy, (iii) poverty reduction – growth elasticity effect through growth primarily led by a subsector, and (iv) market opportunities and price effect for individual agricultural products. |
| format | Artículo preliminar |
| id | CGSpace161493 |
| 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 | CGSpace1614932025-11-06T07:24:38Z Options for agricultural growth for poverty reduction in Nigeria Diao, Xinshen Nwafor, Manson Alpuerto, Vida agricultural growth poverty alleviation economic growth computable general equilibrium models government strategies market opportunities agricultural products This study analyzes growth options in agricultural sub-sectors to accelerate overall economic growth and reduce poverty in Nigeria in the next nine years (2009-17) using an economy-wide, dynamic computable general equilibrium (DCGE) model. The model results show that if the individual agricultural subsectors’ growth targets set by the Nigerian government can be achieved, the country will have 9.5 percent of agricultural annual growth and 8.0 percent of GDP growth in the next 10 years. The national poverty rate will fall to 30.8 percent by 2017, more than halving 1996’s poverty rate of 65.6 percent, thereby accomplishing the objective for MDG1. The report emphasizes that in designing an agricultural strategy and in prioritizing growth, it is important to consider the following four factors at the subsector level: (i) the size of a subsector in the economy, (ii) growth multiplier effect through linkages of a subsector with the rest of the economy, (iii) poverty reduction – growth elasticity effect through growth primarily led by a subsector, and (iv) market opportunities and price effect for individual agricultural products. 2009 2024-11-21T09:56:05Z 2024-11-21T09:56:05Z Working Paper https://hdl.handle.net/10568/161493 en Open Access application/pdf International Food Policy Research Institute Diao, Xinshen; Nwafor, Manson; and Alpuerto, Vida. 2009. Options for agricultural growth for poverty reduction in Nigeria. NSSP Working Paper 2. Abuja, Nigeria: International Food Policy Research Institute (IFPRI). https://hdl.handle.net/10568/161493 |
| spellingShingle | agricultural growth poverty alleviation economic growth computable general equilibrium models government strategies market opportunities agricultural products Diao, Xinshen Nwafor, Manson Alpuerto, Vida Options for agricultural growth for poverty reduction in Nigeria |
| title | Options for agricultural growth for poverty reduction in Nigeria |
| title_full | Options for agricultural growth for poverty reduction in Nigeria |
| title_fullStr | Options for agricultural growth for poverty reduction in Nigeria |
| title_full_unstemmed | Options for agricultural growth for poverty reduction in Nigeria |
| title_short | Options for agricultural growth for poverty reduction in Nigeria |
| title_sort | options for agricultural growth for poverty reduction in nigeria |
| topic | agricultural growth poverty alleviation economic growth computable general equilibrium models government strategies market opportunities agricultural products |
| url | https://hdl.handle.net/10568/161493 |
| work_keys_str_mv | AT diaoxinshen optionsforagriculturalgrowthforpovertyreductioninnigeria AT nwaformanson optionsforagriculturalgrowthforpovertyreductioninnigeria AT alpuertovida optionsforagriculturalgrowthforpovertyreductioninnigeria |