The nexus between maize importation, local production and local prices: Empirical analysis from Nigeria

Kehinde Paul Adeosun; Eberechukwu Johnpaul Ihemezie; Chukwuma Otum Ume; Livinus Uchenna Egu

doi:https://doi.org/10.29023/alanyaakademik.481553

Makale detayları

The nexus between maize importation, local production and local prices: Empirical analysis from Nigeria

Yazarlar:

Kehinde Paul Adeosun | Eberechukwu Johnpaul Ihemezie | Chukwuma Otum Ume | Livinus Uchenna Egu

Yayıncı:

Alanya Alaaddin Keykubat University

Ana Başlıklar:

Ekonomi ve Maliye

Dergi:

Alanya Academic Review 2019 Vol.3 Issue 2, pp.201-213

Belge Tipi:

Makale

Yayın Tarihi:

5/2019

Belge Dili:

İngilizce

Document ID (Org No.):

2000846733

Sıklık:

Üç Yıllık

eISSN:

2651-4192

DOI:

https://doi.org/10.29023/alanyaakademik.481553

Anahtar kelimeler:

Özet:

 


The study examined the relationship between maize importation, local prices and local production. Secondary data from 1970 to 2016 were employed. Unit root, co-integration and Ordinary Least Square (OLS) assumption tests were checked. Least Square estimation model, Pearson Coefficient and Generalized Least Model (GLM) were employed. The results show that strong linear relationship (-0.466) exist between local maize production and maize importation, though in opposite direction. The results from GLM shows that quantities of maize imported (-0.0324), sorghum production (-0.967) and population growth (-0.779) are statistically significant but negatively influences local maize production. Local price of maize (0.471) on the other hand is positive and significantly influences local maize production. There should be effective government policy to reduce maize importation.

.

 


The study examined the relationship between maize importation, local prices and local production. Secondary data from 1970 to 2016 were employed. Unit root, co-integration and Ordinary Least Square (OLS) assumption tests were checked. Least Square estimation model, Pearson Coefficient and Generalized Least Model (GLM) were employed. The results show that strong linear relationship (-0.466) exist between local maize production and maize importation, though in opposite direction. The results from GLM shows that quantities of maize imported (-0.0324), sorghum production (-0.967) and population growth (-0.779) are statistically significant but negatively influences local maize production. Local price of maize (0.471) on the other hand is positive and significantly influences local maize production. There should be effective government policy to reduce maize importation.


.

Makale detayları

The nexus between maize importation, local production and local prices: Empirical analysis from Nigeria

Yazarlar:

Kehinde Paul Adeosun | Eberechukwu Johnpaul Ihemezie | Chukwuma Otum Ume | Livinus Uchenna Egu

Yayıncı:

Alanya Alaaddin Keykubat University

Ana Başlıklar:

Ekonomi ve Maliye

Dergi:

Alanya Academic Review 2019 Vol.3 Issue 2, pp.201-213

Belge Tipi:

Makale

Yayın Tarihi:

5/2019

Belge Dili:

İngilizce

Document ID (Org No.):

2000846733

Sıklık:

Üç Yıllık

eISSN:

2651-4192

DOI:

https://doi.org/10.29023/alanyaakademik.481553

Agricultural development

Import substitution

Generalized Least Square

Sayı

Makale detayları

The nexus between maize importation, local production and local prices: Empirical analysis from Nigeria

Yazarlar: Kehinde Paul Adeosun | Eberechukwu Johnpaul Ihemezie | Chukwuma Otum Ume | Livinus Uchenna Egu

Yayıncı: Alanya Alaaddin Keykubat University

Ana Başlıklar: Ekonomi ve Maliye

Dergi: Alanya Academic Review 2019 Vol.3 Issue 2, pp.201-213

Belge Tipi: Makale

Yayın Tarihi: 5/2019

Belge Dili: İngilizce

Document ID (Org No.): 2000846733

Sıklık: Üç Yıllık

eISSN: 2651-4192

DOI: https://doi.org/10.29023/alanyaakademik.481553

Agricultural development

Import substitution

Generalized Least Square

Sayı

Yazarlar:

Kehinde Paul Adeosun | Eberechukwu Johnpaul Ihemezie | Chukwuma Otum Ume | Livinus Uchenna Egu

Yayıncı:

Alanya Alaaddin Keykubat University

Ana Başlıklar:

Ekonomi ve Maliye

Dergi:

Alanya Academic Review 2019 Vol.3 Issue 2, pp.201-213

Belge Tipi:

Makale

Yayın Tarihi:

5/2019

Belge Dili:

İngilizce

Document ID (Org No.):

2000846733

Sıklık:

Üç Yıllık

eISSN:

2651-4192

DOI:

https://doi.org/10.29023/alanyaakademik.481553