The structures of production, final demand and agricultural output: a Macro Multipliers analysis of the Nigerian economy

Irfan Ahmed (), Claudio Socci, Francesca Severini (), Qaiser Rafique Yasser () and Rosita Pretaroli ()
Additional contact information
Irfan Ahmed: Jazan University
Francesca Severini: University of Macerata
Qaiser Rafique Yasser: Ministry of Planning, Development and Reform
Rosita Pretaroli: University of Macerata

Economia Politica: Journal of Analytical and Institutional Economics, 2018, vol. 35, issue 3, No 2, 739 pages

Abstract: Abstract This study made an effort to build the Social Accounting Matrix for the Nigerian economy, which describes the income circular flow through the integration of the production with the income flows, including both the generation and the distribution of value added and the creation of final demand. Such database allows developing an extended input–output model and a Macro Multipliers analysis based on the technique of singular value decomposition. First, the analysis identifies the key sectors amongst the agricultural sectors that have significant interactions with the other commodities of the economy. Furthermore, the Macro Multipliers analysis is conducted in order to identify the interactions between policy objective (total output) and policy control (final demand) at a multi-sectoral level.

Keywords: Final demand; Agriculture output; Social Accounting Matrix; Extended input–output analysis; Macro Multiplier analysis (search for similar items in EconPapers)
JEL-codes: C63 C67 E17 (search for similar items in EconPapers)
Date: 2018
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Citations: View citations in EconPapers (1)

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DOI: 10.1007/s40888-018-0115-5

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