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

Anthony Oko-Isu, Agnes Ugboego Chukwu, Grace Nyereugwu Ofoegbu, Christiana Ogonna Igberi, Kennedy Okechukwu Ololo, Tobechi Faith Agbanike, Lasbrey Anochiwa, Nkechinyere Uwajumogu, Michael Oguwuike Enyoghasim, Uzoma Nnaji Okoro and Adeolu Adewale Iyaniwura
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Anthony Oko-Isu: Department of Agriculture, Faculty of Agriculture, Alex Ekwueme Federal University Ndufu-Alike, Ikwo, Ebonyi State 482131, Nigeria
Agnes Ugboego Chukwu: College of Management Sciences, Michael Okpara University of Agriculture, Umudike 440109, Nigeria
Grace Nyereugwu Ofoegbu: Department of Accountancy, Faculty of Business Administration, University of Nigeria Enugu Campus, Enugu State 400241, Nigeria
Christiana Ogonna Igberi: Department of Agriculture, Faculty of Agriculture, Alex Ekwueme Federal University Ndufu-Alike, Ikwo, Ebonyi State 482131, Nigeria
Kennedy Okechukwu Ololo: Faculty of Management and Social Sciences, Alex Ekwueme Federal University Ndufu-Alike, Ikwo, Ebonyi State 482131, Nigeria
Tobechi Faith Agbanike: Faculty of Management and Social Sciences, Alex Ekwueme Federal University Ndufu-Alike, Ikwo, Ebonyi State 482131, Nigeria
Lasbrey Anochiwa: Faculty of Management and Social Sciences, Alex Ekwueme Federal University Ndufu-Alike, Ikwo, Ebonyi State 482131, Nigeria
Nkechinyere Uwajumogu: Faculty of Management and Social Sciences, Alex Ekwueme Federal University Ndufu-Alike, Ikwo, Ebonyi State 482131, Nigeria
Michael Oguwuike Enyoghasim: Faculty of Management and Social Sciences, Alex Ekwueme Federal University Ndufu-Alike, Ikwo, Ebonyi State 482131, Nigeria
Uzoma Nnaji Okoro: Heritage Bank Nigeria PLC, Umuahia Branch 440221, Nigeria
Adeolu Adewale Iyaniwura: Department of Agriculture, Faculty of Agriculture, Alex Ekwueme Federal University Ndufu-Alike, Ikwo, Ebonyi State 482131, Nigeria

Sustainability, 2019, vol. 11, issue 13, 1-19

Abstract: 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.

Keywords: coffee output; climate change; commodity price volatility; GARCH; ARCH; FMOLS (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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