ANALYSIS OF CLIMATE-RELATED RISK AND MAIZE PRODUCTION IN SOUTHWEST, NIGERIA
One of the consequences of climate change in Sub-Saharan Africa is that farmers would be more exposed to production risk. Therefore, it is imperative to analyse the climate-related risk and maize production in Southwest, Nigeria. Secondary data between 1981 and 2012 were collected on relevant variab...
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| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
University of Agricultural Sciences and Veterinary Medicine, Bucharest
2018-01-01
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| Series: | Scientific Papers Series : Management, Economic Engineering in Agriculture and Rural Development |
| Online Access: | https://managementjournal.usamv.ro/pdf/vol.18_1/Art38.pdf |
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| Summary: | One of the consequences of climate change in Sub-Saharan Africa is that farmers would be more exposed to production risk. Therefore, it is imperative to analyse the climate-related risk and maize production in Southwest, Nigeria. Secondary data between 1981 and 2012 were collected on relevant variables and analysed using Growth Function, Co-integration Model (Autoregressive Distributed Lag Approach) and J-P Model. The results confirmed the presence of long-run equilibrium between maize production and temperature, rainfall and relative humidity. The Error Correction Model (ECM) value was -0.0238 for the enterprise. The results of the analysis on the climate-related risk indicated that temperature increased the production risk of maize farmers. It can be concluded that farmers face climate-related risk as temperature increased the production risk of maize farmers. Therefore, stakeholders should create more awareness on the need to always practice eco-friendly activities and put in place coping strategies against the menace of climate change. |
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| ISSN: | 2284-7995 2285-3952 |