A Review of Impact of Government Expenditure and Bank Credit on Agricultural Productivity of Nigeria
Sebastian O Uremadu,
Alexander O Ehimare and
Abraham I Okhuebor
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Sebastian O Uremadu: Department of Banking and Finance, Michael Okpara University of Agriculture, Nigeria
Alexander O Ehimare: Head of Department of Banking and Finance, Covenant University, Nigeria
Abraham I Okhuebor: Department of Banking and Finance, Covenant University, Nigeria
Annals of Social Sciences & Management studies, 2019, vol. 3, issue 4, 103-112
Abstract:
This study reviewed impact of government expenditure and bank credit on domestic agricultural sector output in Nigeria. It used OLS regression analytical method to evaluate relationship between agricultural output and several factors influencing agricultural productivity in Nigeria such as government expenditure to agriculture, bank loans and advances to agriculture and index of agricultural production. Results showed that there existed a negative and significant relationship between government expenditure and agricultural output in Nigeria, while banks credit to agriculture and index of agricultural production had a positive and significant correlation with agricultural productivity.
Keywords: juniper publishers; social sciences journals; social anthropology; social policy; journal of social science; social and political science journals; journal of social science; open access; juniper publishers reivew (search for similar items in EconPapers)
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:adp:oajasm:v:3:y:2019:i:4:p:103-112
DOI: 10.19080/ASM.2019.03.555620
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