The Impact of Commercial Banks ’ Credit to Agriculture on Agricultural Development in Nigeria : An Econometric Analysis
The Impact of Commercial Banks ’ Credit to Agriculture on Agricultural Development in Nigeria : An Econometric Analysis
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商业银行农业信贷对尼日利亚农业发展的影响：计量分析
DOI：
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发表时间：
2013
期刊：
影响因子：
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通讯作者：
Sunny Ibe Obilor
中科院分区：
文献类型：
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作者：
Sunny Ibe Obilor
本研究旨在评估尼日利亚农业信贷担保计划基金下商业银行对农业部门的信贷影响。直到70年代中期，农业一直是尼日利亚主要的外汇收入来源。如今，它的主要地位已被矿产部门取代。在这些因素中，资本不足被认为是影响该部门业绩的最重要因素。因此，本文实证考察了农业信贷担保计划基金、农产品价格、政府资金分配和商业银行对农业部门信贷对农业生产率的影响。结果表明，农业信贷担保计划基金和政府对农业的资金配置对农业生产率产生显著的正向影响，而其他变量对农业生产率产生显著的负向影响。建议鼓励农民向参与银行申请贷款，以提高其农业活动和生产力。
This study aimed at evaluating the impact of commercial banks' credit to agricultural sector under the Agricultural Credit Guarantee Scheme Fund in Nigeria. Until the mid-seventies, agriculture was the primary foreign exchange earner for Nigeria. Now it has lost its prime position to the mineral sector. Of these factors, inadequate capital is considered as the single most important factor affecting the performance of the sector. It therefore empirically examined the impact of Agricultural Credit Guarantee Scheme Fund, agricultural product prices, government fund allocation and commercial banks’ credit to agricultural sector on agricultural productivity. The result revealed that Agricultural Credit Guarantee Scheme Fund and Government fund allocation to agriculture produced a significant positive effect on agricultural productivity, while the other variables produced a significant negative effect. It is recommended that farmers should be encouraged to be applying for loans from the participating banks to enhance their agricultural activities and productivity.