Benue State University, Makurdi

Exploring the Transmission Impact of Export Diversification to Output Growth via the Agricultural Channel in Nigeria

Jeremiah Ushahumba Mnyorga and Ayila Ngutsav

Abstract

This study investigated the transmission effect of export diversification on output growth via agricultural channel in Nigeria. The study period spanned between 1986 and 2022, while Structural Vector Autoregressive (SVAR) model was employed as the analytical technique. Result of the transmission effect indicated that agricultural output has negative and significant contemporaneous response to export diversification, while economic growth responded positively and significantly to the instantaneous effect of agricultural output. The study concluded that export diversification does not improve economic growth through agricultural output in Nigeria hence, a weak channel. The study recommends that Nigerian government should strengthen its Agricultural extension services to provide farmers with training and information on modern farming techniques, pest management, and sustainable practices as well as allocation of resources for agricultural research and development to promote the adoption of advanced technologies to sustain the influence of agricultural output on economic growth.

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