Market size, agricultural reforms and agricultural productivity in Nigeria

Abstract

This paper examined market size, agricultural reforms and agricultural productivity nexus in Nigeria with a view to finding out if market size and agricultural reforms can boost agricultural productivity in Nigeria. The study used time series variables that were estimated based on Autoregressive Distributed Bounds Testing approach (ARDL). The results indicated that market size has the capacity to drive agricultural productivity in Nigeria. In the light of this, reforms aimed at adequately financing agricultural sector by government should be pursued. Government should also continue to evolve reforms towards mobilising the private sector to invest in agriculture.

Keywords: Reforms, Government, incentives and Market