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Trade Openness and Agricultural Export Performance in Nigeria: An Econometric Approach
Abstract
This study investigates the relationship between trade openness and agricultural export performance in Nigeria. Utilizing an Autoregressive Distributed Lag (ARDL) model, the analysis examines the short-run and long-run effects of trade openness on the agricultural export sector. Empirical findings reveal a significant positive correlation between trade openness and agricultural export performance. The study underscores the importance of trade liberalization in enhancing the competitiveness of Nigeria’s agricultural exports in the global market. However, it also highlights the need for complementary policies to address infrastructure, institutional challenges, and exchange rate volatility to fully maximize the benefits of trade openness.
Keywords:
Agricultural Export Performance ARDL Model Exchange Rate Volatility Nigeria Trade Openness
Article information
Journal
Journal of Agriculture, Aquaculture, and Animal Science
Volume (Issue)
1(1), (2024)
Pages
5-13
Published
Copyright
Copyright (c) 2024 Jamiu Adeniyi Yusuf, Yusuf Dansuma Lawal, Sikiru Okunlade Araoye (Author)
Open access
This work is licensed under a Creative Commons Attribution 4.0 International License.
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References
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