1. ANALYSIS OF CLIMATE-RELATED RISK AND MAIZE PRODUCTION IN SOUTHWEST, NIGERIA.
- Author
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OPARINDE, Lawrence Olusola and OKOGBUE, Emmanuel Chilekwu
- Subjects
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RISK assessment , *CORN , *ERROR correction (Information theory) , *HUMIDITY , *CLIMATE change - Abstract
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 climaterelated 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. [ABSTRACT FROM AUTHOR]
- Published
- 2018