Analysis of the influence of Agricultural and Non-agricultural sectors performance on the Nigerian economy (1986-2004).

摘要

This paper examines the influence of agricultural and non-agricultural economies on Nigeria's total economy. Time series data such as Nigeria's total GDP, Agricultural GDP and non-agricultural GDP were obtained A double logarithm and exponential functions were used to estimate the elasticity and growth rate of each sector and the economy as a whole The results revealed that a % change in Agricultural and Non-agricultural sectors caused the Nigerian economy to change by 0.24% and 0.746% respectively. The agricultural, non-agricultural sector and the entire economy grew at the rate of 0.04%, 0.124% and 0.102% respectively during the study period.