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Open AccessArticle

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

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Department of Agriculture, Faculty of Agriculture, Alex Ekwueme Federal University Ndufu-Alike, Ikwo, Ebonyi State 482131, Nigeria
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College of Management Sciences, Michael Okpara University of Agriculture, Umudike 440109, Nigeria
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Department of Accountancy, Faculty of Business Administration, University of Nigeria Enugu Campus, Enugu State 400241, Nigeria
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Faculty of Management and Social Sciences, Alex Ekwueme Federal University Ndufu-Alike, Ikwo, Ebonyi State 482131, Nigeria
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Heritage Bank Nigeria PLC, Umuahia Branch 440221, Nigeria
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Author to whom correspondence should be addressed.
Sustainability 2019, 11(13), 3503; https://doi.org/10.3390/su11133503
Received: 22 April 2019 / Revised: 7 June 2019 / Accepted: 12 June 2019 / Published: 26 June 2019
(This article belongs to the Special Issue Trade Policy and Macroeconomic Impacts on Agricultural Sustainability)
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. View Full-Text
Keywords: coffee output; climate change; commodity price volatility; GARCH; ARCH; FMOLS coffee output; climate change; commodity price volatility; GARCH; ARCH; FMOLS
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Oko-Isu, A.; Chukwu, A.U.; Ofoegbu, G.N.; Igberi, C.O.; Ololo, K.O.; Agbanike, T.F.; Anochiwa, L.; Uwajumogu, N.; Enyoghasim, M.O.; Okoro, U.N.; Iyaniwura, A.A. Coffee Output Reaction to Climate Change and Commodity Price Volatility: The Nigeria Experience. Sustainability 2019, 11, 3503.

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