The Impact Of Agricultural Development On Nigeria Economic Growth (1980– 2007)

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.

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