Analysis of Some Drivers of Cocoa Export in Nigeria in the Era of Trade Liberalization

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62156489%3A43310%2F14%3A00226178" target="_blank" >RIV/62156489:43310/14:00226178 - isvavai.cz</a>

Výsledek na webu

<a href="http://online.agris.cz/files/2014/agris_on-line_2014_4.pdf" target="_blank" >http://online.agris.cz/files/2014/agris_on-line_2014_4.pdf</a>

DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

Analysis of Some Drivers of Cocoa Export in Nigeria in the Era of Trade Liberalization

Popis výsledku v původním jazyce

This contribution analysis some determinants of cocoa export in Nigeria in the era of free trade. Using Johansen cointegration and OLS regression methods, the cointegration results show there exists a longrun equilibrium relationship between cocoa exports and the explanatory variables such as quantity of cocoa production, domestic consumption and the world price in Nigeria. More so, the OLS results provide a positive relationship between cocoa export and world price, trade openness, REER, and quantity of world cocoa export (statistically significant at the 0.01 and 0.05 levels). However, the results show an inverse association between cocoa export and domestic cocoa consumption (statistically significant at 0.01 level). The findings indicate that Nigeria has a comparative advantage in cocoa export. The Nigerian government and partners should create an enabling environment and some incentives to stimulate cocoa producers and traders by subsidizing farm inputs, and providing affordable l

Název v anglickém jazyce

Analysis of Some Drivers of Cocoa Export in Nigeria in the Era of Trade Liberalization

Popis výsledku anglicky

This contribution analysis some determinants of cocoa export in Nigeria in the era of free trade. Using Johansen cointegration and OLS regression methods, the cointegration results show there exists a longrun equilibrium relationship between cocoa exports and the explanatory variables such as quantity of cocoa production, domestic consumption and the world price in Nigeria. More so, the OLS results provide a positive relationship between cocoa export and world price, trade openness, REER, and quantity of world cocoa export (statistically significant at the 0.01 and 0.05 levels). However, the results show an inverse association between cocoa export and domestic cocoa consumption (statistically significant at 0.01 level). The findings indicate that Nigeria has a comparative advantage in cocoa export. The Nigerian government and partners should create an enabling environment and some incentives to stimulate cocoa producers and traders by subsidizing farm inputs, and providing affordable l

Druh

J_x - Nezařazeno - Článek v odborném periodiku (Jimp, Jsc a Jost)

CEP obor

GA - Zemědělská ekonomie

OECD FORD obor

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Projekt

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Návaznosti

S - Specificky vyzkum na vysokych skolach

Rok uplatnění

2014

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název periodika

Agris On-Line Papers in Economics and Informatics

ISSN

1804-1930

e-ISSN

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Svazek periodika

6

Číslo periodika v rámci svazku

4

Stát vydavatele periodika

CZ - Česká republika

Počet stran výsledku

11

Strana od-do

208-218

Kód UT WoS článku

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EID výsledku v databázi Scopus

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