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Coffee Output Reaction to Climate Change and Commodity Price Volatility: The Nigeria Experience
Empirical evidence is lacking on the nexus between coffee commodity output, climate change, and commodity price volatility of Africa’s most populous country, Nigeria, and other developing countries. To fill this gap, this study analyzed the reaction of coffee output to climate change and commodity price volatility. We used secondary data from 1961 to 2015 from reliable sources for Nigeria. The study adopted generalized autoregressive conditional heteroscedasticity (GARCH), autoregressive conditional heteroscedasticity (ARCH), and fully modified ordinary least square (FMOLS) in analysis of coffee output reaction to climate change and commodity price volatility. The findings show that coffee output in Nigeria is influenced by climate change and the international commodity price of coffee. The study demonstrates the potential benefits of improving coffee output and export through climate mitigation and adaptation measures and revival of agricultural commodity marketing in Nigeria and other developing countries.
Coffee Output Reaction to Climate Change and Commodity Price Volatility: The Nigeria Experience
Empirical evidence is lacking on the nexus between coffee commodity output, climate change, and commodity price volatility of Africa’s most populous country, Nigeria, and other developing countries. To fill this gap, this study analyzed the reaction of coffee output to climate change and commodity price volatility. We used secondary data from 1961 to 2015 from reliable sources for Nigeria. The study adopted generalized autoregressive conditional heteroscedasticity (GARCH), autoregressive conditional heteroscedasticity (ARCH), and fully modified ordinary least square (FMOLS) in analysis of coffee output reaction to climate change and commodity price volatility. The findings show that coffee output in Nigeria is influenced by climate change and the international commodity price of coffee. The study demonstrates the potential benefits of improving coffee output and export through climate mitigation and adaptation measures and revival of agricultural commodity marketing in Nigeria and other developing countries.
Coffee Output Reaction to Climate Change and Commodity Price Volatility: The Nigeria Experience
Anthony Oko-Isu (Autor:in) / Agnes Ugboego Chukwu (Autor:in) / Grace Nyereugwu Ofoegbu (Autor:in) / Christiana Ogonna Igberi (Autor:in) / Kennedy Okechukwu Ololo (Autor:in) / Tobechi Faith Agbanike (Autor:in) / Lasbrey Anochiwa (Autor:in) / Nkechinyere Uwajumogu (Autor:in) / Michael Oguwuike Enyoghasim (Autor:in) / Uzoma Nnaji Okoro (Autor:in)
2019
Aufsatz (Zeitschrift)
Elektronische Ressource
Unbekannt
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