Impact Of Bank Credit Financing On Agricultural Output In Nigeria
In this study, time series data sourced from Central bank of Nigeria for the period 1970-2011 was employed to examine the effect of bank credit and macro-policy variables on agricultural output in Nigeria. Data were analyzed using Co-integration and error correction model. To avoid having a spurious regression, data were first examined for stationarity using the Augmented Dickey-Fuller test. Result revealed that all the variables were stationary at first difference except inflation rate that was stationary at level.
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