An Econometric Analysis of the Effect of Agricultural Funding on Maize Output in Nigeria (1999 -2020)
Abstract
This study determined the influence of agricultural funding on Maize output in Nigeria within the period 1999-2020. The study adopted ex-post factor research design and relied on time series data. Pre and post -estimation diagnostics tests were adopted to check for reliability of the data used. The regression results showed that Public capital expenditure to agriculture (PCEXPA) (21.93377) has a positive and significant influence on maize production (MAZPD) for the period under study. The study concluded that the agricultural funding schemes have not been properly maximized to boost maize production and sustainability, and recommended that all the funding’s to agriculture selected in this study, with respect to maize production should be reviewed and properly channeled so as to increase the output of maize in the country.
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