International records / OpenAlex research

Effect of Deposit Money Banks Credit on Agricultural Output in Nigeria: An empirical Analysis

This study investigated the relationship between deposit money banks credit and agricultural output in Nigeria from 1981 to 2023, using time series data from the CBN Statistical Bulletin. The dependent variable was agricultural output, while independent variables included credit to the agricultural sector (CAS), the Agricultural Credit Guarantee Fund Scheme (ACGFS), and interest rate (ITR). Data analysis techniques employed included descriptive statistics, unit root tests, bounds cointegration, the Autoregressive Distributed Lag (ARDL) estimation method, and residual diagnostic tests. The Augm…