Rice trade policy and productivity : empirical evidence from Nigeria’s Rice sub-sector

Joint Authors

Obi Egbedi, Ogheneruemu
Akin Olagunju, Olaide A.
Oluwatayo, Isaac B.

Source

Global Journal of Economics and Business

Issue

Vol. 11, Issue 1 (31 Aug. 2021)12 p.

Publisher

Refaad Center for Studies and Research

Publication Date

2021-08-31

Country of Publication

Jordan

No. of Pages

12

Main Subjects

Economy

Abstract EN

Low productivity, modest production and large-scale importation characterize Nigeria's rice subsector despite government intervention through trade policy measures since independence.

studies on Nigeria's trade policy and rice productivity are scanty in the literature.

therefore, this study investigated the effect of the country’s rice trade policy on rice productivity from 1961-2017, employing the vector error correction modeling approach.

the results show that protectionist trade policy reduced rice productivity in the short run but was not significant in the long run.

producer price and domestic consumption improved rice productivity in the short run although, the latter reduced productivity in the long run.

similarly, fertilizer consumption and exchange rate reduced productivity in the short run but exchange rate increased productivity in the long run.

thus, government should focus on exchange rate, liberalized trade policy and appropriate fertilizer policy to improve Nigeria's rice productivity.

American Psychological Association (APA)

Obi Egbedi, Ogheneruemu& Akin Olagunju, Olaide A.& Oluwatayo, Isaac B.. 2021. Rice trade policy and productivity : empirical evidence from Nigeria’s Rice sub-sector. Global Journal of Economics and Business،Vol. 11, no. 1.
https://search.emarefa.net/detail/BIM-1304040

Modern Language Association (MLA)

Obi Egbedi, Ogheneruemu…[et al.]. Rice trade policy and productivity : empirical evidence from Nigeria’s Rice sub-sector. Global Journal of Economics and Business Vol. 11, no. 1 (Aug. 2021).
https://search.emarefa.net/detail/BIM-1304040

American Medical Association (AMA)

Obi Egbedi, Ogheneruemu& Akin Olagunju, Olaide A.& Oluwatayo, Isaac B.. Rice trade policy and productivity : empirical evidence from Nigeria’s Rice sub-sector. Global Journal of Economics and Business. 2021. Vol. 11, no. 1.
https://search.emarefa.net/detail/BIM-1304040

Data Type

Journal Articles

Language

English

Notes

Includes appendices : p. 104-106

Record ID

BIM-1304040