Food Security and Technology Nexus in Nigeria: An ARDL Approach
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Abstract
Description
In this paper, we examined the level of technology,
(quite low in developing countries, especially Nigeria) and how
improved technological know-how can help in achieving food
security. The indicators of food security utilized include:
prevalence of food inadequacy, value of food production, among
others. Regression analysis was engaged in investigating the
important role of technology on food security using ARDL (Auto
Regressive Distributed Lag). The results, among others, showed
that in Nigeria, there is a long-term relationship between the
indicators of food security and technology. In the event of
distortion, the speed of adjustment from the short-run is rather
low but significant. Some policy options to enhance the level of
food security are documented in the study.
Keywords
HB Economic Theory, HC Economic History and Conditions