The Impact of Agricultural Trade Liberalization on National Food Security in Nigeria, 1970-2000
Автор:Gbadebo Olusegun Odularu Год: 2010 Издание:Книга по Требованию Страниц: 62 ISBN: 9781599423401 This study attempts to examine the impact of a trade decontrol policy on food output within the Nigerian macroeconomic context. In other words, the study relates trade liberalization to the national food security situation between 1970 and 2000, by employing descriptive statistics and error correction model (ECM) as the research methodologies. Regional and multilateral trade agreements seem to reduce barriers to the flow of commodities across borders, thus fostering a more efficient allocation of scarce resources as well as raising gross output with positive implications for food security at various levels. Though the trend analyses revealed considerable fluctuations, there existed greater improvements during the trade decontrol era than during the period of trade restriction. The production statistics for both agricultural exports and food showed substantial diversity of performance. Deregulation of the exchange rate and abolition of commodity boards were partly responsible for the...
