Agricultural economics

Agricultural Economics of Nigeria: Paradoxes and Crossroads of Multimodal Nature Professor Eric C. Eboh Professor of Agricultural Economics University of Nigeria CONTENTS 1.0 ACKNOWLEDGEMENT 2 2.0 CONCEPTUAL APPROACH OF THIS INAUGURAL LECTURE 6 REFLECTIONS ON THE STRATEGIC ROLE OF AGRICULTURAL ECONOMY 8 3.0 4.0 5.0 AGRICULTURE FROM THE LOOKING GLASS OF MAN’S ECONOMIC HISTORY 16 AGRICULTURAL ECONOMY FROM PARADIGMATIC VIEWPOINTS ABOUT THE STATE VIS-A-VIS MARKET 21 6.0 NIGERIAN AGRICULTURE

I am highly motivated to pursue further studies in agricultural and resource economics at Kasetsart University. My strong interest in agriculture and the business of agriculture and its relation to economic development . Agriculture is the backbone of my country Ghana, supplying food for the nation's population. It is part of a massive business sector that provides many opportunities for the masses of people. In light of this, I would like to explore research frontiers in the area of the challenges

ABSTRACT This research investigates and empirically examines the effects of Foreign Direct Investment (FDI) on agricultural output and economic growth in Kenya. The methodology involves estimating an economic growth model using panel data of the period from 1990 to 2013. By applying the OLS method, the results indicate that FDIhas a negative effect on the economy overall, while combining with other factors such as labour, GCF and exports. However, on its own, FDI’s prove to have a positive but insignificant

Since the founding of America, the small family farm has been a pillar of United States culture and economics. These small generational farms were known for molding very capable, independent families that were known for their morality, strong character, and high work-ethic. Urbanization, industrialization, the growth of U.S. agribusiness, and other economic factors have slowly chipped away at the presence of the U.S. small family farm. Technology and mechanization developed by colleges, agribusinesses

The Soviet economy heavily depended on its agricultural sector. From 1929 onwards Stalin began the enforced system of state and collective farms, known as sovkhozy and kolkhozy respectively. These collectivized farms ‘soon proved both impracticable and too costly’ (Davies 1980). A number of factors contributed to the level of inefficiency of the Soviet collectivized system throughout its history, and this essay will discuss these factors and ultimately comment on the key factors responsible for these

Introduction Agricultural production which used to be the mainstay of Nigerian economy has been declined as results of crude oil discovery and subsequent increase in production and exportation of crude oil (Edo (2013). The discovery of crude oil and appreciation of oil price in the World market some years ago leads Nigerian government to abandon all other means of revenue generations including agriculture, just to depend solely on crude oil revenue to finance most of her budgets. However, crude

are needed for human consumption such as meats, vegetables, and animal by products like dairy and eggs. The U.S. Census describes a farm as any establishment which produced and sold, or normally would have produced and sold, $1,000 or more of agricultural products during the year. The Census states that there are over 2.2 million farms in the United States. In spite of the predominance of family farms, there is strong evidence of a trend toward

Introduction Agricultural production, which used to be the mainstay of Nigerian economy, has been declining as results of crude oil discovery and subsequent increase in production and exportation of crude oil (Edo (2013). The discovery of crude oil and appreciation of oil price in the World market some years ago leads Nigerian government to abandon all other means of revenue generations, including agriculture, just to depend solely on crude oil revenue to finance most of her budgets. However, crude

The economic interaction in the Mirador Basin during the Late Preclassic period was based and centralized on agriculture, craft production and distribution of goods. The Preclassic Maya royal elites of El Mirador controlled labor and obtained from farmers living in the suburbs in order to maintain and sponsor large ceremonies in regional centers. The elites likely had tighter control over agricultural resources and labor. The degree of economic control achieved by Preclassic elites was enhanced or

to buy food or they live in a place where food and vegetation are scarce and not readily available to the public. In any case, food remains a necessity all living creatures must have. Thanks to modern technology and advancements in all fields of agricultural business (agri-business), the availability of food has increased tremendously. Modern farmers put in the same amount of work and effort for twice the reward. Wendell Berry, a man who grew up during the transition of old farming style and new farming