Factors influencing export performance of ginger (Zinbiger officinale) in Nigeria

نویسندگان

چکیده

This study evaluated factors influencing export performance of ginger (Zinbiger officinale) in Nigeria. Specifically, the research was designed to achieve following objectives: examine short run equilibrium relationships between test variables; evaluate long and determine linear – interdependence ginger. The variables under considerations were quantity officinale), exchange rate, interest ratio producer price domestic price, price. Data secondary sources covering 1995 -2020.The statistical econometrics tools used stated objectives were: Augmented Dickey Fuller (ADF), Phillips-Perron (PP), Johansen Co-Integrating Test Vector Error Correction Model (VECM). results Dickey-Fuller (ADF) unit root shows that all non-stationary at level. All statistically significant first difference 5% level probability. Phillip-Perron (PP) stationary significant. Johansens co-integration revealed presence among long-term variables. (VECM) rate (EXR), (INR), had negative coefficients Nigeria run. Ratio (PX), exported (Y) positive In run, (PX) error correction model (ECM) negative, this measures speed adjustment towards equilibrium. multiple determinations (R^2) 0.6710. confirmed goodness fit. F-statistics 43.06 1% significance. explanatory power entire model. RESET value VECM 1.510 (P < 0.01) no evidence misspecification functional form. recommends policy formulations implementations will stabilize rate. Interest should be single digit. Export market developed along chains other crops expand base earn foreign

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ژورنال

عنوان ژورنال: International journal of agriculture, environment and food sciences

سال: 2022

ISSN: ['2602-246X', '2618-5946']

DOI: https://doi.org/10.31015/jaefs.2022.3.5