Obong Et Al

Obong et al



Greener
Journal of  Agricultural Sciences


Vol. 3 (7), pp.

536-541
, July 2013.


 ISSN: 2276-7770 



Research

Paper

Manuscript Number: 042313582

 



Insights on Oil Palm Production Variation and Trade
Growths Rates in Nigeria

 


E.A. Antia-Obong1*,
O.W. Ibok2, E.S. Udoh2 and E.E.
Daniel3

 


1
Department
of Economics; 2Department of Agricultural
Economics and Resource Management; 3Department
of Political Science / Public Administration; Akwa Ibom
State University, Obio-Akpa Campus, P.M.B 1167, Uyo,
Akwa Ibom State, Nigeria.

 


*Correspondence Author:
essienantiaobong @ yahoo.com,


Tel:
+234(0)8156124630

Abstract:

This research was conducted to study various policy regimes
in Nigeria with a focus on Oil palm production variations
and trade growth rates from 1961-2007. Objectives of the
study were; To determine the variations in oil palm
production (yield, output and harvested area) overtime.; to
test for differences in the variation of oil palm output and
to estimate growth rates of palm oil trade (import/export)
quantities. Data used for the study was obtained from
FAOSTAT and covered area (hectare), yield (hg/ha), output (tonnes),
import and export quantities (tonnes). The Coefficient of
Variation (CV) was used to estimate the variations for each
period. The Kruskal- Wallis test was employed to test for
differences in the variation of oil palm output. While the
Log-Linear regression model was used to estimate the growth
rates. Findings show periods of general instability in oil
palm output which accompanied decreasing export and
increasing imports growth rates. The study recommends a
sustained medium to long term agrifood policy that
emphasizes productivity of all factors of production while
also encouraging the industrial utilization of oil palm
products to ensure rapid and sustained production.
 
Keywords: Coefficient of Variation (CV), Variability,
Growth rates, Sub-periods, Palm oil.

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