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A Review of Impact of Government Expenditure and Bank Credit on Agricultural Productivity of Nigeria

Author

Listed:
  • 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)

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.

Suggested Citation

  • Sebastian O Uremadu & Alexander O Ehimare & Abraham I Okhuebor, 2019. "A Review of Impact of Government Expenditure and Bank Credit on Agricultural Productivity of Nigeria," Annals of Social Sciences & Management studies, Juniper Publishers Inc., vol. 3(4), pages 103-112, July.
    • Handle: RePEc:adp:oajasm:v:3:y:2019:i:4:p:103-112
    DOI: 10.19080/ASM.2019.03.555620
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    References listed on IDEAS

    as
    1. Habib A. Zuberi, 1989. "Production Function, Institutional Credit and Agricultural Development in Pakistan," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 28(1), pages 43-56.
    2. James Gwartney & Randal Holcombe & Robert Lawson, 1998. "The Scope of Government and the Wealth of Nations," Cato Journal, Cato Journal, Cato Institute, vol. 18(2), pages 163-190, Fall.
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    Cited by:

    1. Nwosa, Philip Ifeakachukwu, 2021. "Complement or substitute: Private investment, public expenditure and agricultural productivity in Nigeria," African Journal of Agricultural and Resource Economics, African Association of Agricultural Economists, vol. 16(3), September.

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    More about this item

    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;
    All these keywords.

    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • Z0 - Other Special Topics - - General

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