期刊名称：The Journal of Sustainable Development in Africa (JSDA)
电子版ISSN：1520-5509
出版年度：2009
卷号：11
期号：1
出版社：Institute of Sustainable Development in Africa
摘要：This study attempted modeling the impact of economic policy variables of Obasanjo’s administration on
food output in Nigeria. The study used secondary data which was analyzed using multiple regression
models. Following detection of autocorrelation in that model it was modified using the Generalized
Difference Equation (GDE) and Prais-Winsten Transformation before applying OLS to the
transformation. The final results of the OLS estimates were re-tested for autocorrelation before the final
discussion. The study’s findings indicts the Federal Government (1999-2006), commercial banks, and
the Agricultural Credit Guarantee Scheme Fund of doing very little to advance the course of food
production in the country with statistically insignificant coefficient values of the policy variables. The
recommendations made included the need for CBN to monitor commercial bank loans to agriculture,
reform of the Agricultural Credit Guarantee Scheme, subsidizing of commercial bank’s interest rate of
agricultural loans, and increase in budgetary allocation to agriculture.
