Coffee Output Reaction to Climate Change and Commodity Price Volatility: The Nigeria Experience

被引:1
|
作者
Oko-Isu, Anthony [1 ]
Chukwu, Agnes Ugboego [2 ]
Ofoegbu, Grace Nyereugwu [3 ]
Igberi, Christiana Ogonna [1 ]
Ololo, Kennedy Okechukwu [4 ]
Agbanike, Tobechi Faith [4 ]
Anochiwa, Lasbrey [4 ]
Uwajumogu, Nkechinyere [4 ]
Enyoghasim, Michael Oguwuike [4 ]
Okoro, Uzoma Nnaji [5 ]
Iyaniwura, Adeolu Adewale [1 ]
机构
[1] Alex Ekwueme Fed Univ Ndufu Alike, Fac Agr, Dept Agr, Ikwo 482131, Ebonyi State, Nigeria
[2] Michael Okpara Univ Agr, Coll Management Sci, Umudike 440109, Nigeria
[3] Univ Nigeria Enugu Campus, Fac Business Adm, Dept Accountancy, Enugu 400241, Enugu State, Nigeria
[4] Alex Ekwueme Fed Univ Ndufu Alike, Fac Management & Social Sci, Ikwo 482131, Ebonyi State, Nigeria
[5] Heritage Bank Nigeria PLC, Umuahia Branch, Umuahia 440221, Nigeria
关键词
coffee output; climate change; commodity price volatility; GARCH; ARCH; FMOLS; ENVIRONMENTAL KUZNETS CURVE; FINANCIAL DEVELOPMENT; ENERGY-CONSUMPTION; CO2; EMISSIONS; CAUSAL RELATIONSHIP; CARBON EMISSIONS; ECONOMIC-GROWTH; TRADE OPENNESS; URBANIZATION; SUITABILITY;
D O I
10.3390/su11133503
中图分类号
X [环境科学、安全科学];
学科分类号
08 ; 0830 ;
摘要
Empirical evidence is lacking on the nexus between coffee commodity output, climate change, and commodity price volatility of Africa's most populous country, Nigeria, and other developing countries. To fill this gap, this study analyzed the reaction of coffee output to climate change and commodity price volatility. We used secondary data from 1961 to 2015 from reliable sources for Nigeria. The study adopted generalized autoregressive conditional heteroscedasticity (GARCH), autoregressive conditional heteroscedasticity (ARCH), and fully modified ordinary least square (FMOLS) in analysis of coffee output reaction to climate change and commodity price volatility. The findings show that coffee output in Nigeria is influenced by climate change and the international commodity price of coffee. The study demonstrates the potential benefits of improving coffee output and export through climate mitigation and adaptation measures and revival of agricultural commodity marketing in Nigeria and other developing countries.
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页数:19
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