Climate change and Oil Palm Productivity in Nigeria. Does climatic correlations really matter?
Abstract
This study investigated majorly the correlative impact of climatic factors on the growth of palm oil output in Nigeria in the years 1980 to 2022. We observed a demand-supply gap in oil palm output and so desire to quantitatively trace the contributions of sub-regional climate change to such gap. Three major climate factors generally agreed by the literature, rainfall (rain ), temperature (tem
) and carbon(IV)oxide (CO2
), were used. We also included country specific factor to climate alteration, gas flaring (gasf
) in the analysis. We employed Maximum Likelihood Estimation (ML) in a transcendental logarithmic (translog) functions to analyze the variables. We found that truly, climatic factors exerted noticeable effects on oil palm production in Nigeria. At their individual capabilities,rain
, CO2
and gasf
impacted positively on oil palm production while gas flared dipped oil palm output. The correlative effects of all the climatic factors on oil palm production in Nigeria were oil-palm-dipping. Infact, the combined effect of (rain
) and (tem
) produces approximately 18 percent decline on oil palm production; the combined effect of CO2
and (tem
) produces approximately 6.9 basis point decline on oil palm production; the combined effect of (gasf)
and (tem
) produces approximately 1.3 basis point reduction on oil palm production; the combined effect of (rain
) and CO2
produces approximately 0.7 percent decline on oil palm production; a 0.1 percent combined effect of (gasf)
and CO2
produces approximately 17 percent decline on oil palm production; a 0.1 percent combined effect of gasf
and (rain
) produces approximately 62 percent decline on oil palm production. Evidence based recommendations such as “activity ranging” for gas and oil related activities whose gas flaring are usually determinant and policy substitution in greener economy which focuses on investment in green technology be pursued.
How to Cite This Article
Uduak M Ekong, Uduak Effiong Isaac, Enobong Udeme Mbobo (2023). Climate change and Oil Palm Productivity in Nigeria. Does climatic correlations really matter? . International Journal of Multidisciplinary Research and Growth Evaluation (IJMRGE), 4(3), 458-466.