Please use this identifier to cite or link to this item: https://library.cbn.gov.ng:8443/jspui/handle/123456789/609
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dc.contributor.authorMbutor, O.M.-
dc.contributor.authorOchu, R.E.-
dc.contributor.authorOkafor, I.I.-
dc.date.accessioned2018-11-19T14:07:56Z-
dc.date.available2018-11-19T14:07:56Z-
dc.date.issued2013-06-
dc.identifier.citationMbutor, O. M, Ochu, R.E. and Okafor,I.I. (1996). The contribution of finance to agricultural production in Nigeria. CBN Economic and Financial Review. 51(2),1-20en_US
dc.identifier.issn1957-2968-
dc.identifier.urihttp://library.cbn.gov.ng:8092/jspui/handle/123456789/609-
dc.description.abstractSeveral studies have found a positive correlation between agricultural financing and the performance of the agricultural sector. But fewer efforts have been directed at sieving out the agricultural output that is exclusively associated with the extent of funding. This study aimed to ascertain the actual portion of total agricultural output that could be attributed to agricultural financing in Nigeria. The vector error correction methodology was applied following the nature of data properties. The results showed a positive effect of finance on agricultural output. However, variance decomposition revealed the poor state of agricultural financing with a disproportionate dependence of the sector on natural weather conditions. The case is therefore made for increased funding of agriculture for optimal performance.en_US
dc.description.sponsorshipCentral Bank of Nigeriaen_US
dc.language.isoenen_US
dc.publisherCentral Bank of Nigeria, Research Departmenten_US
dc.relation.ispartofseriesVol. 51;No. 2-
dc.subjectAgricultureen_US
dc.subjectFinanceen_US
dc.subjectFood securityen_US
dc.subjectSustainableen_US
dc.subjectNigeriaen_US
dc.titleThe contribution of finance to agricultural production in Nigeria.en_US
dc.typeArticleen_US
Appears in Collections:Economic and Financial Review

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