DOES FINANCIAL SECTOR REFORMS AFFECT AGRICULTURAL INVESTMENTS IN NIGERIA? A COINTEGRATION AND VAR APPROACH
| dc.creator | Akpaeti, Aniekan Jim | |
| dc.date | 2017-04-01T20:04:48Z | |
| dc.date.accessioned | 2026-07-09T07:35:12Z | |
| dc.description | The paper evaluates the effect of financial sector reforms on agricultural investments in Nigeria from 1970-2009 using a cointegration and vector error correction model (VECM) in a long time series analysis. The descriptive analysis shows that the mean agricultural investments of ₦88,101.83 million during financial sector reforms period was higher than ₦538.78 million of the pre-financial sector reforms period and was significantly different at 5 percent (tcal>ttab at P=0.5) while the mean growth rate of 36.36 percent for the pre-financial sector reforms period was higher than 34.25 percent of the financial sector reforms period and was not significantly different at 5 percent in the two periods. The result also reveals that financial sector reforms significantly affect agricultural investments in Nigeria both in the long and short-run. It is recommended that the Nigerian government should adopt strong macroeconomic policies, thereby encouraging investments in the agricultural sector of the country. | |
| dc.identifier | doi:10.22004/ag.econ.160091 | |
| dc.identifier | https://ageconsearch.umn.edu/record/160091/files/Vol%201%20No%202%2013-28.pdf | |
| dc.identifier | http://ageconsearch.umn.edu/record/160091 | |
| dc.identifier.uri | http://hdl.handle.net/123456789/589982 | |
| dc.language | eng | |
| dc.publisher | ||
| dc.source | http://ageconsearch.umn.edu/record/160091 | |
| dc.title | DOES FINANCIAL SECTOR REFORMS AFFECT AGRICULTURAL INVESTMENTS IN NIGERIA? A COINTEGRATION AND VAR APPROACH | |
| dc.type | Text |