Trade Openness and Agricultural Export Performance in Nigeria: An Econometric Approach
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.
Authors
- Jamiu Adeniyi Yusuf
- Yusuf Dansuma Lawal
- Sikiru Okunlade Araoye
Institutions
- Kogi State University (NG)
- Fountain University (NG)
- Summit University (US)
Publication Details
- Journal
- Journal of Agriculture Aquaculture and Animal Science
- Published
- 2024-10-20
- DOI
- https://doi.org/10.69739/jaaas.v1i1.134
- Citations
- 1
- Primary Topic
- Global trade and economics
- Type
- article
- Field-Weighted Citation Impact
- 0.83