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Empirical
analysis of agricultural growth and unemployment in Nigeria
O. E. Ayinde
Department of Agric – Economics and Farm Management,
University of Ilorin, P. M. B.1515, Ilorin, Kwara State
Nigeria. E- mail:
opeayinde@yahoo.com . Tel- +234-8038309935.
Accepted 3 July, 2008 |
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Unemployment is a worldwide economic problem. It is a main
cause of poverty. Poverty alleviation has been a great
concern to developing countries. The economic cost of
unemployment on a society necessitates this study.
Consequently, this study analyses the Nigerian agricultural
growth rate and examines the linkage and dimension of
agricultural growth and unemployment rates. Time series data
were employed with the aid of some statistical tools such as
t – test, Granger Causality test and regression analysis.
Results showed that Nigerian agricultural growth rate has an
inverse relationship with unemployment and re – establish
the Cobb webb theory. In addition, increase in agricultural
growth decrease unemployment and thus can alleviate poverty.
Consequently, recommending polices to alleviate poverty
should focus on increasing agricultural growth.
Key words:
Agricultural growth rate, unemployment rate, Granger
Causality Test.
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