International records / OpenAlex research
Value Added Agricultural Output and Macroeconomic Dynamics in the Nigerian Economy
This paper investigated the impact of macroeconomic variables on the Nigerian value-added agricultural output from 1971 to 2016 both in the short and the long-run. The descriptive statistics and stationarity tests were conducted prior to the long run tests using the Johansen co-integration procedure and the Vector Error Correction Model (VECM) technique. In the third step, the serial correlation and the heteroscedasticity tests were conducted in addition to the Impulse Response analysis. The result revealed the absence of linkage between each of interest, exchange rate and employment in agricu…
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