IDEAS home Printed from https://ideas.repec.org/a/ags/aolpei/364708.html
   My bibliography  Save this article

The Impact of Information and Communication Technology (ICT) and Bank Credit on Agricultural Performance in Uzbekistan: An Econometric Analysis

Author

Listed:
  • Xolmurotov, Fozil
  • Xolmuratov, Xolilla

Abstract

This study examines the dynamic effects of information and communication technology (ICT) penetration and bank credit on agricultural performance in rural Uzbekistan using an autoregressive distributed lag (ARDL) model. Based on data from the World Bank and the State Statistics Committee of the Republic of Uzbekistan for the period 2000-2022, this study examines the important role of ICT and financial resources in improving agricultural productivity. Descriptive statistics show moderate variability in agricultural performance, with strong positive correlations between agricultural output and variables such as education, internet access, and mobile phone penetration. Unit root tests confirm the stationarity of all variables after first differencing, confirming the application of the ARDL model. The results of the paired test indicate a significant long-run equilibrium relationship between the variables under study. The short-run results of the ARDL model show that changes in bank credit have a significant impact on agricultural performance, with a robust adjustment mechanism to correct deviations from the long-run equilibrium. The long run results show that while ICT variables do not significantly affect agricultural performance, bank credit has a negative effect on it and education has a strong positive effect.

Suggested Citation

  • Xolmurotov, Fozil & Xolmuratov, Xolilla, . "The Impact of Information and Communication Technology (ICT) and Bank Credit on Agricultural Performance in Uzbekistan: An Econometric Analysis," AGRIS on-line Papers in Economics and Informatics, Czech University of Life Sciences Prague, Faculty of Economics and Management, vol. 17(2).
    • Handle: RePEc:ags:aolpei:364708
    DOI: 10.22004/ag.econ.364708
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/364708/files/660_agris-on-line-2-2025-xolmurotov-xolmuratov.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.364708?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Huntington-Klein Nick, 2023. "Linear Rescaling to Accurately Interpret Logarithms," Journal of Econometric Methods, De Gruyter, vol. 12(1), pages 139-147, January.
    2. Chancellor, Will, 2023. "Exploring the relationship between information and communication technology (ICT) and productivity: Evidence from Australian farms," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 67(02), January.
    3. Dmytro DEMA & Iryna ABRAMOVA & Larysa NEDILSKA, 2019. "Financial and economic conditions of rural development in Ukraine," Eastern Journal of European Studies, Centre for European Studies, Alexandru Ioan Cuza University, vol. 10, pages 199-220, June.
    4. Aparajita Goyal & Carolina González-Velosa, 2013. "Improving Agricultural Productivity and Market Efficiency in Latin America and the Caribbean: How ICTs can make a Difference?," Journal of Reviews on Global Economics, Lifescience Global, vol. 2, pages 172-182.
    5. Eze, Christopher C. & Lemchi, J.I. & Ugochukwu, Albert I. & Eze, V.C. & Awulonu, C.A.O. & Okon, A.X., "undated". "Agricultural Financing Policies And Rural Development In Nigeria," 84th Annual Conference, March 29-31, 2010, Edinburgh, Scotland 91677, Agricultural Economics Society.
    6. Will Chancellor, 2023. "Exploring the relationship between information and communication technology (ICT) and productivity: Evidence from Australian farms," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 67(2), pages 285-302, April.
    7. Patwary, Md. Sazzad Hossain & Islam, Md. Shahidul & Mosharrafa, Rana Al, . "Effect of bank credit on agricultural gross domestic product," Agricultural and Resource Economics: International Scientific E-Journal, Agricultural and Resource Economics: International Scientific E-Journal, vol. 9(01).
    8. Xolmurotov Fozil Saribayevich & Xolmuratov Xolilla Sariyevich & Sukhrob Davlatov & Hulkar Turobova & Sobirjon Ruziyev, 2024. "Analysis of Factors Affecting CO2 Emissions: In the Case of Uzbekistan," International Journal of Energy Economics and Policy, Econjournals, vol. 14(4), pages 207-215, July.
    9. Louis de Berquin Eyike Mbongo & Yannick Fosso Djoumessi, 2024. "Connecting the fields: How ICT improve agricultural productivity in sub‐Saharan Africa," Review of Development Economics, Wiley Blackwell, vol. 28(3), pages 888-903, August.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Klaus W. Deininger & Daniel Ayalew Ali, 2024. "Using Satellite Imagery and a Farmer Registry to Assess Agricultural Support in Conflict Settings : The Case of the Producer Support Grant Program in Ukraine," Policy Research Working Paper Series 10912, The World Bank.
    2. Skydan, Oleh & Budnik, Olha & Sus, Lesya, . "The role of agroholdings in the creation of cooperatives by rural communities," Agricultural and Resource Economics: International Scientific E-Journal, Agricultural and Resource Economics: International Scientific E-Journal, vol. 7(3).
    3. Anthony Orji & Jonathan Emenike Ogbuabor & Jennifer Nkechi Alisigwe & Onyinye Imelda Anthony-Orji, 2021. "Agricultural Financing, Agricultural Output Growth and Employment Generation in Nigeria," European Journal of Business Science and Technology, Mendel University in Brno, Faculty of Business and Economics, vol. 7(1), pages 74-90.
    4. Apata Temidayo Gabriel, 2019. "Public spending mechanisms and gross domestic product (GDP) growth in the agricultural sector (1970–2016): Lessons for Nigeria from agricultural policy progressions in China," Bulletin of Geography. Socio-economic Series, Sciendo, vol. 44(44), pages 57-72, June.
    5. Anthony Orji & Jonathan E. Ogbuabor & Onyinye I. Anthony-Orji & Jennifer Nkechi Alisigwe, 2020. "Agricultural Financing and Agricultural Output Growth in Developing Economies: Any Causal Linkage in Nigeria?," International Journal of Finance, Insurance and Risk Management, International Journal of Finance, Insurance and Risk Management, vol. 10(2), pages 34-43.
    6. Magdalena Cyrek & Piotr Cyrek, 2023. "Deagrarisation as a Determinant of Living Standards in Rural Areas of European Union Countries," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 169(1), pages 443-470, September.
    7. Gheorghe, Eliza & Ilie, Nicoleta Marin & Turcea, Vlad Constantin & Tarhini, Mahmoud & Rusu, Alexandra, 2022. "The Impact of Agricultural Reforms on Rural Families in Romania," Western Balkan Journal of Agricultural Economics and Rural Development (WBJAERD), Institute of Agricultural Economics, vol. 4(01), June.
    8. Ekong, Christopher N. & Onye, Kenneth U., 2013. "Matching Credit with Season: An Issue for Non Performing Agricultural Loans in Nigeria," MPRA Paper 88306, University Library of Munich, Germany.
    9. Rana Mosharrafa & Mohammad Sahabuddin & Nipa Saha, 2024. "Migrant Workforces, Foreign Remittance, and Economic Growth Nexus in an Emerging Country," Journal of International Migration and Integration, Springer, vol. 25(4), pages 2321-2337, December.
    10. Okorie, David Iheke, 2025. "A gentle reminder: Should returns be interpreted as log differences?," International Review of Financial Analysis, Elsevier, vol. 97(C).
    11. Nabil Chaherli & John Nash, 2013. "Agricultural Exports from Latin America and the Caribbean : Harnessing Trade to Feed the World and Promote Development," World Bank Publications - Reports 16048, The World Bank Group.
    12. Aleksandra Synowiec, 2021. "Infrastructural and Social Aspects of ICT Dissemination in Rural Areas in Ukraine in Juxtaposition with Other Post-Transition Countries—State of Play and Prospects for Rural Development," JRFM, MDPI, vol. 14(1), pages 1-23, January.
    13. Otubu, Osaretin Paul, 2020. "Bank Credits and Yield of Fisheries Production in Nigeria," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 4(6), pages 621-632, June.
    14. T. E. Ogunjobi & F. O. Oyewusi, 2016. "Media Resources Availability and Utilisation for Effective Publication Output by Agricultural Researchers in Southwestern Nigeria," Journal of Information & Knowledge Management (JIKM), World Scientific Publishing Co. Pte. Ltd., vol. 15(02), pages 1-20, June.
    15. Romanchuk, Liudmyla & Abramova, Iryna & Moroz, Yuliia & Poplavskyi, Pavlo & Svitlyshyn, Ihor, . "Funding for sustainable development of rural communities: European experience," Agricultural and Resource Economics: International Scientific E-Journal, Agricultural and Resource Economics: International Scientific E-Journal, vol. 10(4).
    16. Nirvikar Singh & Yan Zhou & Kristen Williams & Jake Kendall & P.D. Kaushik, 2013. "Bridging the Digital Divide in Rural India," Review of Market Integration, India Development Foundation, vol. 5(1), pages 1-42, April.
    17. Popogbe Oluwaseyi & Dauda Risikat, 2020. "Agriculture Financing and Growth Performance in Nigeria: Pre-2000 and Post-2000 Analyses," Romanian Economic Journal, Department of International Business and Economics from the Academy of Economic Studies Bucharest, vol. 23(75), pages 16-37, March.
    18. Felix Reichel, 2025. "Strategic Effort and Bandwagon Effects in Finite Multi-Stage Games with Non-Linear Externalities: Evidence from Triathlon," Papers 2505.03247, arXiv.org, revised May 2025.
    19. Florina Grecu & Gabriela Badareu & Cătălin Roșculete & Marian Ilie Siminică & Daniel Cîrciumaru & Silviu Cârstina & Nicoleta Mihaela Doran, 2025. "How Has Agricultural Financing Research Evolved? A Bibliometric Analysis of Emerging Trends and Key Factors," Agriculture, MDPI, vol. 15(5), pages 1-26, March.
    20. Adetunji Adeniyi, 2021. "Nigeria’s Bank of Agriculture: An Agenda for Organizational Renewal," Journal of Business Administration Research, Journal of Business Administration Research, Sciedu Press, vol. 10(1), pages 1-41, April.

    More about this item

    Keywords

    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:aolpei:364708. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/fevszcz.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.