Stagnation, Acceleration And Deceleration In Agricultural Production In Nigeria, 1970-2000

Abstract

This study investigated the hypothesis of stagnation/acceleration/deceleration in agricultural production in Nigeria for the period 1970-2000 by fitting exponential trend equations to the output data of the country's 23 major agricultural commodities and computing compound annual growth rates of agricultural production. The computed compound growth rates of agricultural production were very low and non significant in most cases. However, statistical significant acceleration in output growth was confirmed for 21 out of 23 agricultural commodities studied; stagnation (absence of significant acceleration or deceleration in the growth process) was confirmed for only 2 of the agricultural commodities while no statistical deceleration in growth was confirmed for any of the commodities.

Journal of Agriculture and Food Sciences Vol. 2 (2) 2004 pp. 131-140