Open AccessAn evaluation of Nigerian timber production and forest reserves: focus on economic implications of food security, 1981 - 2014
Author(s) -
Kelechi Johnmary Ani,
Gerald Chimezie Nwadike,
Ijeoma Genevieve Anikelechi
Publication year - 2021
Publication title -
independent journal of management and production
Language(s) - English
Resource type - Journals
ISSN - 2236-269X
DOI - 10.14807/ijmp.v12i7.1456
Subject(s) - food security , production (economics) , agriculture , business , forest reserve , productivity , government (linguistics) , unit (ring theory) , natural resource economics , wood production , agricultural productivity , agricultural economics , agroforestry , economics , forestry , environmental science , geography , forest management , economic growth , linguistics , philosophy , mathematics education , mathematics , archaeology , macroeconomics
The place of timber and forest reserves to national development cannot be neglected. This study evaluates level of timber production and forests reserves as well as its implications for food security in Nigeria from 1981 to 2014. The objective of the study is to evaluate the significant impact of timber production and forests reserves on food security in Nigeria. In an attempt to examine this, error correction model diagnostic tests process ECM, ADF unit root test, Structural VAR approach, and Co-integration test were employed in the data analysis. The research findings revealed that timber production and forests reserves have significant impact on food security in Nigerian economy within the period under review. In the light of the research findings, the researcher recommends that Timber production and forests reserves should be strengthened to increase the effect of forests reserves on food security in the country. This can be achieved through increased productivity and the development of agriculture value chain in federal government policy and implementation process.