THE IMPACT OF AGRICULTURAL DEVELOPMENT ON NIGERIA ECONOMIC GROWTH (1980-2014) – Complete Project Material

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ABSTRACT

In recent decades, the potential
contribution of agriculture to economic growth has been a subject of
controversy among development economists. While some argue that
agricultural development is a prerequisite for industrialization, others
strongly disagree and argue for a different path.
Taking advantage
of the ordinary least square method (OLD), searches through secondary
data and the use of independent variables: agricultural development,
capital accumulation, inflation rate and interest rate review the
question of whether agriculture could serve as an engine of growth of
the Nigerian economy
The results of the empirical analysis shows that
productivity in the agricultural sector has not significantly positive
impact on economic growth of Nigeria.


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