Supply Response of Selected Agricultural Export Commodities in Nigeria
Bassey Ebi
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Supply Response of Selected Agricultural Export Commodities in Nigeria

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This study investigates the supply response of seven (7) agricultural export commodities from Nigeria between 1970 and 2010. Descriptive statistics was employed to examine growth rates and trends in exports, productions and prices. While econometric Error Correction Model (ECM) was employed to estimate export supply behaviors of the seven commodities chosen: cocoa, benniseed, rubber, palm-oil, ground nut, cotton seed, and soybeans. Quantitative estimates obtained from the Error Correction Model (ECM) estimation procedure indicates the following: The response of export supply to changes in rela...