Agricultural Financing to the Economic Development of Nigeria.

      Аннотация: This study examines the contributions of agricultural financing to the economic development of Nigeria. The research focus is on agricultural financing, and agricultural output. Time series data was used to analyze the Augmented Solow Model. Real Gross Domestic Product (RGDP) was used to regress Agricultural Guarantee Scheme Fund, Government Agricultural expenditure, Agricultural Output, Labour, measured by amount of workers and Gross Fixed Capital Formation. All variables are stationary at first difference using Augmented Dickey-Fuller (ADF), Phillip-Perron (PP), and Kwiatkowski-Phillips-Schmidt-Shin (KPSS) tests. The Johansen co-integration test result shows that there exists a long run relationship among the Variables so tested. The result shows that there exists a negative relationship with a little association between Agricultural Output and Gross Fixed Capital Formation. However, there is a weak positive relationship between Real Gross Domestic Products (RGDP) and the Agricultural Credit Guarantee Scheme Fund (ACGSF).

Ключевые слова: development, Financing, Agricultural output