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Article Title:
Agricultural Export Performance and Economic Growth in Nigeria: Error Correction Modelling Approach
by Muhammad Bello Abubakar, Yusuf Badiya Magaji, Abubakar Faiza Bawuro and Helavalada Wajiga

Abstract:
This paper investigated agricultural export performance on economic growth of Nigeria for the period 1980 to 2016. The objective is to investigate the contribution of agricultural export performance on economic growth. Empirical test of the long run and short run relationship were carried out, using time series econometric techniques of co-integration, error correction estimation and ordinary least Square Regression Analysis. The results from unit root test show that all variables are order one integrated, Johansen cointegration shows the existence of long run relations among the variables and error correction estimation suggests the validity of long- run equilibrium relationship among the variables and that estimated coefficient of the error correction of 56 percent suggests that the system corrects itself by about 56 percent speed of adjustment. Finally, Ordinary Least Square Regression Analysis indicates that there is a positive and significant link between agricultural export performance and economic growth in Nigeria. The key finding in this study show that Agriculture export performance had a positive and significant effect on economic growth in Nigeria. The significance of the study is the facts that there is renewed effort by the government to revamp the sector and increase the level of agricultural exports. Moreover, the study applied the most recent data to explore the importance of agricultural exports performance on economic growth. The paper recommends an increase effort to be directed towards policies that will expand the volume of a country?s agricultural exports and at the same time increase public/private participation in the sector.

Keywords: Agriculture Export, Economic Growth, Export Performance, Error Correction

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