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Agricultural Credit and Its Impact on the Productivity of Certain Cereals in Togo

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  • Akoété Ega Agbodji
  • Ablamba Ahoefavi Johnson

Abstract

The objective of this study is to analyze the impact of agricultural credit on maize, sorghum and paddy rice productivity in Togo. The results reveal that credit has a positive and significant impact on these productivities. This general result varies depending on the type of credit, however. In kind credit has a positive and significant impact on maize and sorghum productivity, but no significant impact on paddy rice productivity. In contrast, the impacts on productivity of credit in hard cash are negative with respect to maize, positive with respect to sorghum, and not significant with respect to paddy rice.

Suggested Citation

  • Akoété Ega Agbodji & Ablamba Ahoefavi Johnson, 2021. "Agricultural Credit and Its Impact on the Productivity of Certain Cereals in Togo," Emerging Markets Finance and Trade, Taylor & Francis Journals, vol. 57(12), pages 3320-3336, September.
    • Handle: RePEc:mes:emfitr:v:57:y:2021:i:12:p:3320-3336
    DOI: 10.1080/1540496X.2019.1602038
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    Cited by:

    1. Shah Johir Rayhan & Md. Sadique Rahman & Kaiyu Lyu, 2024. "Increasing Boro rice productivity through credit: Evidence from Bangladesh," Agricultural Economics, Czech Academy of Agricultural Sciences, vol. 70(2), pages 49-59.
    2. Wanglin Ma & Huanguang Qiu & Dil Bahadur Rahut, 2023. "Rural development in the digital age: Does information and communication technology adoption contribute to credit access and income growth in rural China?," Review of Development Economics, Wiley Blackwell, vol. 27(3), pages 1421-1444, August.
    3. Chitralada Chaiya & Sikandar Sikandar & Pichate Pinthong & Shahab E. Saqib & Niaz Ali, 2023. "The Impact of Formal Agricultural Credit on Farm Productivity and Its Utilization in Khyber Pakhtunkhwa, Pakistan," Sustainability, MDPI, vol. 15(2), pages 1-14, January.
    4. Abbas Ali Chandio & Yuansheng Jiang & Waqar Akram & Ilhan Ozturk & Abdul Rauf & Aamir Ali Mirani & Huaquan Zhang, 2023. "The impact of R&D investment on grain crops production in China: Analysing the role of agricultural credit and CO2 emissions," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 28(4), pages 4120-4138, October.
    5. Nigo, Ayine & Gibogwe, Vincent, 2023. "Impact of financial resources on agricultural growth in Sub-Saharan Africa," MPRA Paper 116397, University Library of Munich, Germany, revised 15 Feb 2023.

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