THE IMPACT OF AGRICULTURAL DEVELOPMENT ON NIGERIA ECONOMIC GROWTH, 1980– 2007

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ABSTRACT
          
In recent decades, the potential contribution of agriculture to economic growth has been a subject of much controversy among development economists.  While some contend that agricultural development is a pre-condition for industrialization, others strongly disagree and argue for a different path.
Taking advantage of Ordinary Least Square Method (OLD), the research carried out by means of secondary data and using independent variables: Agricultural Development, Capital Accumulation, Inflation Rate and Interest Rate re-examines the question of whether agriculture could serve as an engine of growth for the Nigerian economy
Results from the empirical analysis shows that the productivity in agricultural sector has not appreciably impacted positively on the economic growth in Nigeria.
                

TABLE OF CONTENTS

Title Page
Certification
Dedication
Acknowledgement
Abstract
Table of Contents

CHAPTER ONE

          INTRODUCTION        
1.1       Background of the Study
1.2       Statement of Problem
1.3       Objectives of the Study       
1.4       Statement of Hypothesis
1.5       Significance of the Study
1.6       Scope and Limitations of the Study

CHAPTER TWO
          LITERATURE REVIEW
2.1       Theoretical Literature
2.1.1 Agriculture As A Passive Contributor to
Economic Development (Classical School
of 1950s and 1960s)                     

2.1.2  Agricultural led Industrialization
(Classical School of 1970s and 1980s)

2.1.3  Agricultural Linkages And Growth and
Development
2.1.4  Problems Associated with Agricultural Development
2.1.5  Empirical Literature
2.2.1  Agriculture and Poverty Reduction
2.2.2  Agriculture and Nutrition

CHAPTER THREE

          RESEARCH METHODOLOGY
3.1       Methodology
3.2       Area of Study and Coverage
3.3       Model Specification
3.4       Data Sources
3.5         Method of Evaluation

CHAPTER FOUR
          PRESENTATION AND ANALYSIS OF RESULTS
4.1       Unit Root Test   
4.2       Co-Integration Test    
4.3       Economic Opinion, Interpretation
4.4       Statistical Criteria of the Result
4.5       Econometric Criteria of the Result

 CHAPTER FIVE

SUMMARY, RECOMMENDATION AND CONCLUSION

5.1       Summary of Findings 
5.2       Policy Recommendation
5.3       Conclusion
Bibliography
Appendix

CHAPTER ONE

INTRODUCTION

1.1       BACKGROUND OF THE STUDY
Agriculture is concerned with the husbandry of crops and animals for food and other purposes.  It is the foundation upon which the development of stable human communities, such as rural and urban communities has depended on in many parts of the world.  The study of economic history provides us with ample evidence that an agricultural revolution....

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