Research Papers/Topics in Agricultural Economics

The Application of Principal Component Analysis (PCA) in Cassava Production In Abia State, Nigeria

Cassava (Manihot esculenta crantz) is a root crop cultivated and consumed as a staple food in most developing world. This research examined the application of principal component analysis (PCA) in Cassava Production In Abia State, Nigeria. PCA is a statistical instrument able to identify the variables explaining most variation within a sample. A multi stage random sampling was used for the purpose of the study. The PCA employed in the analysis have substantially reduced the set of 19 socio-ec...

Agricultural Productivity Growth in West African Agriculture: A Frontier Function Analysis

ABSTRACT             Productivity growth in an economy is important because it is an essential source of overall growth. The study evaluates the total factor productivity growth in agricultural sector of West African countries between 1961-2000 and also determined the technological change and technical efficiency change within the period. The study used data from the FAOSTAT Data...

Entrepreneurship and Economic Development in Nigeria

ABSTRACTThis paper underscores the importance of entrepreneurship as a realistic mechanism for sustainable economic growth in Nigeria considering the experiences of developed nations like the United States and vibrant economies like China and India. The paper discusses that entrepreneurship has been instrumental in economic growth, balanced regional development and job creation in most dynamic economies, where technology is changing at a faster rate and the product lifetime cycle is shrinking...

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