Economics, Econometrics and Finance
7 years ago

Agricultural value chain boosts Nigerian economy through diversification and growth.

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AFRICAN JOURNAL OF ECONOMIC REVIEW
Enhancing agricultural value chain for economic diversification in Nigeria
Bolaji Adesola Adesoye, Oluwaseyi Adedayo Adelowokan, Emmanuel O. Maku, Shakirat O. Salau

Paper Summary

Enhancing the agricultural value chain in Nigeria from 1981-2015 can boost economic diversification. By analyzing data, it was found that investing in agriculture leads to increased productivity. Factors like agricultural machinery and land directly impact productivity. Capital and labor also play a role in economic growth. Overall, improving the agricultural value chain significantly contributes to diversifying the Nigerian economy.

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