International records / OpenAlex research

Credit Policies and Agricultural Production in Nigeria: Analysis of the Shortrun Dynamics

The purpose of study is to analyze credit policies on agricultural production in Nigeria. Ex-post facto research method was used to explore the relationship between credit policies and agricultural production in Nigeria. The data used was sourced from Central Bank of Nigeria Statistical Bulletin and other secondary sources from 1980 to 2022. The study employs Augmented Dickey-Fuller unit root (ADF), Johansen co-integration test and Vector Error Correction Model (ECM) as method of data analysis. The study reveals that the error correction term (CointEq1) plays a vital role in system dynamics, w…