Economics, Econometrics and Finance
6 years ago

Exchange Rate Fluctuations Impact Agricultural Performance in Nigeria: Study

Asian Journal of Economics Business and Accounting
On Agricultural Performance amidst Macroeconomic Instability in Nigeria; Autoregressive Distributed Lagged Modelling (2010Q1-2017Q4)
Lebari Godwin Tuaneh, Andrew Iboh Okidim

Paper Summary

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The study looked at how economic factors affect agriculture in Nigeria from 2010 to 2017. They used a model to analyze the data and found that changes in exchange rates and past agricultural performance were important factors in how well the agricultural sector did. The model showed that these factors explained 91.3% of the variation in agricultural performance during the period studied.