Optimizing agricultural value chain in Nigeria through infrastructural development


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Authors

  • Martins Iyoboyi
  • Latifah Musa-Pedro

Keywords:

Agricultural value chain, ordinary least squares (OLS), dynamic OLS, fully modified OLS, infrastructural development, Nigeria

Abstract

The paper investigates the impact of infrastructural development on agricultural value chain in Nigeria and finds that infrastructural development has a significant positive impact on the agricultural value chain in the long as well as short run. The macroeconomic instability, on the other hand, exerts the opposite impact. A comprehensive policy framework is required to enhance agricultural value chain output and promote investment in human and physical capital while carefully managing macroeconomic instability and distortions. Governments at all levels should prioritize infrastructural development to optimize the benefits from the agricultural value chain.

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Submitted

2023-08-10

Published

2023-08-10

How to Cite

Optimizing agricultural value chain in Nigeria through infrastructural development. (2023). Agricultural Economics Research Review, 33(2), 205-218. https://epubs.icar.org.in/index.php/AERR/article/view/140615