International records / OpenAlex research

A Review of Monetary Policy and the Nigerian Agricultural Sector Performance

Monetary policy involves the process by which the monetary authority of a country using monetary policy variables controls the supply, availability and cost of money in an economy for the sole aim of attaining greater output.The study examines the impact of monetary policy variables on the agricultural sector in Nigeria from 1986 -2013.Employing the ordinary least square (OLS) regression method, a multiple regression equation to check the economic relationship between agricultural output with Agriculture Gross Domestic Product (AGDP) as the dependent variable, and Money Supply (MS), Interest R…