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.

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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
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article

Trade Openness and Agricultural Export Performance in Nigeria: An Econometric Approach

Jamiu Adeniyi Yusuf, Yusuf Dansuma Lawal, Sikiru Okunlade Araoye
1 citations
Journal of Agriculture Aquaculture and Animal Science
Global trade and economics
0.83
article

Trade Openness and Agricultural Export Performance in Nigeria: An Econometric Approach

Jamiu Adeniyi Yusuf, Yusuf Dansuma Lawal, Sikiru Okunlade Araoye
article en
1 citations

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.

Journal of Agriculture Aquaculture and Animal ScienceVol. 1(1)
Kogi State University (NG), Fountain University (NG), Summit University (US)
Openalex Percentile: Top 22%
Global trade and economics
0.83
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