Nigo, A. and Gibogwe, V. 2023. Impact of Financial Resources on Agricultural Growth in Sub-Saharan Africa: Impact of Financial Resources on Agricultural Growth in Sub-Saharan Africa. Journal of Applied Economic Sciences (JAES). 79 (XVIII), pp. 50-56.
| Title | Impact of Financial Resources on Agricultural Growth in Sub-Saharan Africa: Impact of Financial Resources on Agricultural Growth in Sub-Saharan Africa |
|---|---|
| Type | Journal article |
| Authors | Nigo, A. and Gibogwe, V. |
| Abstract | This study contributes to the literature on financial efficiency and growth. We show that banking development exerts a statistically significant and positive impact on local economic growth. We use the ARDL method to find the impact of institutional financial quality on agriculture sector growth in 14 Sub-Saharan African countries from 1990 to 2020. Our results show that land, rural population, and per capita agricultural income growth have long-run and significant (at 1% level) causal effects on the magnitude of agricultural value added as a percentage of GDP. |
| Keywords | foreign direct investment |
| economic growth | |
| absorptive capacity | |
| human capital | |
| market liberalization | |
| Journal | Journal of Applied Economic Sciences (JAES) |
| Journal citation | 79 (XVIII), pp. 50-56 |
| ISSN | 1843-6110 |
| 2393-5162 | |
| Year | 2023 |
| Publisher | ASERS Publishing |
| Web address (URL) | https://www.ceeol.com/search/article-detail?id=1115404 |
| https://mpra.ub.uni-muenchen.de/116397/ | |
| Publication dates | |
| Published | 23 Jan 2023 |