Per Capita Meat Consumption: The Trend and Macroeconomic Determinants in Nigeria

Sunday Akpan; Edet Udoh; Veronica S. Nkanta

doi:10.18016/ksutarimdoga.vi.1329540

EN TR

Per Capita Meat Consumption: The Trend and Macroeconomic Determinants in Nigeria

Abstract

This study examined trends in per capita consumption of game meat, mutton, pork, and total meat and provided evidence of their correlation with key macroeconomic factors in Nigeria. Data from the Food and Agricultural Organization (FAO), the Central Bank of Nigeria (CBN), and the World Bank (WB) covering the period 1981-2021 were analyzed. The results showed that game meat, mutton, pork, and total meat consumption per capita recorded annual exponential growth rates of -0.87%, 2.05%, 2.08%, and -0.54%, respectively. The empirical results showed that the inflation rate, nominal exchange rate, GDP per capita, credit to the agricultural sector, and the capacity utilization rate in the meat industry influence the per capita consumption of game meat, mutton, pork, and the total meat consume in both the short and long-run periods. To increase the per capita meat consumption in the country, it is strongly recommended that appropriate macroeconomic measures should be adopted to reduce the current inflation rate and the nominal exchange rate (N/$). At the same time, concerted efforts should be made to increase Nigerians purchasing power through an increase in the per capita GDP.

Keywords

Kişi Başına Et Tüketimi: Nijerya'daki Trend ve Makroekonomik Belirleyiciler

Öz

Bu çalışma, av eti, koyun eti, domuz eti ve toplam etin kişi başına tüketimindeki eğilimleri incelemiş ve bunların Nijerya'daki temel makroekonomik faktörlerle korelasyonuna dair kanıtlar sağlamıştır. Gıda ve Tarım Örgütü (FAO), Nijerya Merkez Bankası (CBN) ve Dünya Bankası'nın (WB) 1981-2021 dönemini kapsayan verileri analiz edildi. Sonuçlar, kişi başına av eti, koyun eti, domuz eti ve toplam et tüketiminin sırasıyla -%0,87, %2,05, %2,08 ve -%0,54 oranında yıllık üstel büyüme oranları kaydettiğini gösterdi. Ampirik sonuçlar enflasyon oranının, nominal döviz kurunun, kişi başına düşen GSYH'nin, tarım sektörüne verilen kredinin ve et endüstrisindeki kapasite kullanım oranının her iki ülkede de kişi başına av eti, koyun eti, domuz eti tüketimini ve toplam et tüketimini etkilediğini göstermiştir. kısa ve uzun vadeli dönemler. Ülkede kişi başına et tüketiminin artırılması amacıyla, mevcut enflasyon oranının ve nominal döviz kurunun (N/$) düşürülmesine yönelik uygun makroekonomik önlemlerin alınması önemle tavsiye edilmektedir. Aynı zamanda kişi başına düşen GSYİH'yi artırarak Nijeryalıların satın alma gücünü artırmak için ortak çaba sarf edilmelidir.

Anahtar Kelimeler

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Details

Primary Language

English

Subjects

Agricultural Policy

Journal Section

Research Article

Authors

Sunday Akpan ^*
0000-0002-0458-028X
Nigeria

Edet Udoh
0000-0002-4550-4320
Nigeria

Veronica S. Nkanta
0000-0001-7035-7978
Nigeria

Early Pub Date

April 23, 2024

Publication Date

August 15, 2024

Submission Date

July 20, 2023

Acceptance Date

January 18, 2024

Published in Issue

Year 2024 Volume: 27 Number: 4

DOI

https://doi.org/10.18016/ksutarimdoga.vi.1329540

IZ

https://izlik.org/JA36LM64DM

Cite

RIS / Bibtex

APA

Akpan, S., Udoh, E., & Nkanta, V. S. (2024). Per Capita Meat Consumption: The Trend and Macroeconomic Determinants in Nigeria. Kahramanmaraş Sütçü İmam Üniversitesi Tarım Ve Doğa Dergisi, 27(4), 972-983. https://doi.org/10.18016/ksutarimdoga.vi.1329540