Electricity Consumption, Public Agricultural Expenditure and Output in Nigeria: A Time Series Dynamic Approach

Okorie, Uchechukwu Emenas and Osabuohien, E. S. C. and Oaikhenan, Hassan (2020) Electricity Consumption, Public Agricultural Expenditure and Output in Nigeria: A Time Series Dynamic Approach. International Journal of Energy Economics and Policy, 10 (2). pp. 113-123. ISSN 2146-4553

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Abstract

This study interrogates the effects of electricity consumption and government agricultural spending on agricultural output (AGOP) in Nigeria using data that spanning through from 1981 to 2017. The unit root test was conducted with Phillip Perron at constant and trend while the dynamic model of autoregressive distributed lags was used in ascertaining the existence of cointegration among the variables in the model. The outcome of the study shows that poor electricity supply has significantly retarded the level of AGOP in Nigeria while public agricultural spending indicates a weak positive lag effect on agricultural sector performance. These outcomes capture the adverse effect of shortage in electric energy supply and poor government allocation on agricultural production of goods and services. We, therefore, advocate for sector-driven energy policies that will foster the growth and development of the agricultural sector through mechanisation of agricultural system.

Item Type:	Article
Uncontrolled Keywords:	https://doi.org/10.32479/ijeep.8436
Subjects:	H Social Sciences > H Social Sciences (General) H Social Sciences > HB Economic Theory S Agriculture > S Agriculture (General)
Divisions:	Faculty of Law, Arts and Social Sciences > School of Management Faculty of Law, Arts and Social Sciences > School of Social Sciences
Depositing User:	nwokealisi
Date Deposited:	15 Feb 2024 11:51
Last Modified:	15 Feb 2024 11:51
URI:	http://eprints.covenantuniversity.edu.ng/id/eprint/17769

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