Level Of Agricultural Output Research Articles

On the method of calculating the cost of sugar beet

In the current economic system of Russia, agricultural production occupies a predominant place as a tool for improving the country’s national security. Agricultural production is characterized by a number of features that are manifested, among other things, in the accounting and analytical activities of economic entities aimed at forming the cost of various types of products, its analysis and subsequent management, which makes it possible to ensure the necessary level of agricultural output at the minimum allowable level of costs. The article presents the results of research on cost accounting and cost calculation on the example of sugar beet products, as well as measures to improve the accounting support of calculation processes in the field of beet farming.

A Dynamic Analysis of Oil Revenue and the Performance of the Agricultural Sector in Nigeria

<p><em>The main objective of the research is to empirically investigate the relevance of oil revenue to agricultural development in Nigeria. This is important because despite the numerous efforts by successive governments to diversify the economy, the level of agricultural output still remains abysmally low. The fallen oil price in the international market also makes this research to be timely. The research covered the period between 1981 and 2014. The cointegration technique and the granger causality tests were used for the study. The result indicates that oil revenue is not statistically significant in explaining the level of economic growth. The result of the granger causality test indicates that oil revenue does not granger cause agricultural output. The result is symptomatic since it casts some doubts on the diversification policies of successive governments in Nigeria. The result recommends, amongst others concerted efforts to revamp the agricultural sector through judicious use of the dwindling oil revenue and foreign investors should be encouraged to go into the agricultural sector in Nigeria.</em><em></em></p>

Does Real Effective Exchange Rate Matters for Agricultural Output in Nigeria? A Cointegration Approach

Aims: The paper empirically investigated the Real Effective Exchange Rate and agricultural productivity in Nigeria. Study Design: Case study. Methodology: The cointegration technique with its implied ECM was applied to estimate the data which covered the period between 1980 and 2011. Results: The result shows that the Real Effective Exchange Rate has significant impact on the level of agricultural output in Nigeria. The result shows that the prices of exports and real agricultural exports have positive and significant impact on agricultural output. The result also showed a satisfactory speed of adjustment. Conclusion: The study shows that the Real Effective Exchange Rate matters for agricultural output in Nigeria. The result thus recommends policy to stabilize the Real Effective Exchange Rate to facilitate improvement in agricultural output.