Agricultural Economics
R.Y. Abdulsalam; M. N. Shamsudin; A. H. I. Abdul Hadi
Abstract
Motivated by Nigeria’s persistent pursuit of rice self-sufficiency, this paper projects the country's future rice self-sufficiency levels. These projections could guide policy decisions in areas of the rice market that show potential for growth, aiding in the achievement of Nigeria's goal through ...
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Motivated by Nigeria’s persistent pursuit of rice self-sufficiency, this paper projects the country's future rice self-sufficiency levels. These projections could guide policy decisions in areas of the rice market that show potential for growth, aiding in the achievement of Nigeria's goal through improved planning strategies. Using time series data covering the period from 1980 to 2018, this study adopted an econometric technique to model Nigeria's rice market which was estimated using a dynamic Autoregressive Distributed Lag (ARDL) approach. The results revealed that paddy producer price elasticity was 0.206 and had no influence on paddy area harvested. On the other hand, the national policy of rice credit guarantee scheme variable displayed a positive relationship with paddy area harvested. Lagged yield and lagged area harvested had positive influences on yield and area harvested, respectively. This could mean that paddy producers were motivated by previous year’s yield levels and area harvested. The demand own-price elasticity of rice was -0.321 and its cross-price elasticity was 0.193, with wheat revealed to be a substitute. The obtained elasticities were then used to make a ten-year projection. Results suggested that by 2028, increasing rice production relative to dwindling imports will boost rice self-sufficiency level to 71%. However, the average yearly rice self-sufficiency level was 53%, requiring 3.85 million Mt of rice imports. The projections revealed that Nigeria will not achieve rice self-sufficiency by 2028 unless intensive yield enhancing policy-supporting efforts are pursued.
M.R. Pakravan; O. Gilanpour; Sh. Zarif
Abstract
liberalization of energy price increases costs of agricultural inputs and costs of agricultural production. All these changes may affect the overall competitiveness of domestic products with similar foreign products. As a result of that, total cost of agricultural products are increased and profitability ...
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liberalization of energy price increases costs of agricultural inputs and costs of agricultural production. All these changes may affect the overall competitiveness of domestic products with similar foreign products. As a result of that, total cost of agricultural products are increased and profitability are decreased. In this paper, energy consumption for producing Corn were calculated using cost- production database from Jahad-Keshavarzi for the years 2001-2010. Then, the cost function, production function and demand function for this crop were estimated in the form of panel data structure. Furthermore, the import function of corn and the associated elasticity were calculated using time series data for the years 1981-2000. The results show that, for the corn production, the elasticity of energy input and price elasticity of energy demand are 2.47 and -0.005, respectively. Considering to the fact that the production elasticity in the import function is -0/83, every one percent increase in the price of fuel due to the energy price liberalization policy increases the import of corn by 0/01 percent. Accordingly, increasing energy price has a negative effect on the food self-sufficiency that is one of the main objectives of the fifth national development plan. Ultimately, it is proposed that policy makers provide corn producers with more supports in order to reduce the negative effect of energy price liberalization on the national corn products.