Impact of Financial Resources on Agricultural Growth in Sub-Saharan Africa

Nigo, A. and Gibogwe, V. 2023. Impact of Financial Resources on Agricultural Growth in Sub-Saharan Africa. Journal of Applied Economic Sciences (JAES). 79, pp. 50-56.

TitleImpact of Financial Resources on Agricultural Growth in Sub-Saharan Africa
TypeJournal article
AuthorsNigo, 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.

JournalJournal of Applied Economic Sciences (JAES)
Journal citation79, pp. 50-56
ISSN1843-6110
2393-5162
Year2023
PublisherASERS Publishing
Web address (URL)https://www.ceeol.com/search/article-detail?id=1115404
Publication dates
Published17 Mar 2023

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