Impact Of Microfinance Credit On Agricultural Productivity

ABSTRACT

The study examines the impact of micro-finance credit on the productivity of the agricultural sector from the period 1989-2019 using an annually time series data. Augmented Dickey Fuller was used to test for unit root, Johansen co-integration was used to obtain the order or stationary among variables, Ordinary Least Square Regression was use to investigate the linkage of these variables. The co-integration test confirms that there is no long run relationship between agricultural productivity and the variables of interest. The estimated result shows that there is a significant relationship between agricultural productivity and interest rate during the period of study. Also the result shows that there is no significant relationship between agricultural productivity and exchange rate. It was therefore recommended that Nigerian economy should respond to poverty alleviation with the use of microfinance credit. Government should ensure stern regulation on importation of agricultural products. Local farmers should be encouraged to drive by protecting them from external competition. Government should put forth policies that will promote good lending environment for agricultural related investments.

TABLE OF CONTENTS

Title page
Certification
Dedication
Acknowledgement
Dedication
Table of Content
Abstract

CHAPTER ONE:
INTRODUCTION
1.1 Background to the study
1.2 Statement of the Problem
1.3 Objective to the Study
1.4 Research Questions
1.5 Research Hypotheses
1.6 Significance of Study
1.7 Method of Data Analysis
1.8 Scope and Limitation of the Study
1.9 Organization of the study

CHAPTER TWO:
LITERATURE REVIEW
2.1 Conceptual Issues
2.1.1 Risk and Uncertainty
2.1.2 Need for Increased Agricultural Productivity
2.1.3 Impact of Credit on Productivity
2.1.4 Access to Credit and Agricultural Productivity
2.1.5 Brief overview of the agricultural finance schemes in Nigeria
2.1.6 Agricultural Credit Guarantee Scheme Fund (ACGSF)
2.1.7 Small and Medium Enterprises Equity Investment Scheme (SMEEIS), 2001.
2.1.8 Refinancing and Rediscounting Facility (RRF), 2002 to Date.
2.1.9 Agricultural Credit Support Scheme (ACSS), 2006 till Date.
2.1.10 Large Scale Agricultural Credit Scheme (LASACS), 2009.
2.1.11 Supervised Agricultural Loans Board.
2.2 Theoretical Framework
2.2.1 Demand and Supply Theory
2.2.2 Agency Theory
2.3 Empirical Review
2.4 Summary of the Review

CHAPTER THREE:
RESEARCH METHODOLOGY
3.1 Introduction
3.2 Research Design
3.3 Sources of Data Collection
3.4 Estimation Technique
3.5 Model Specification
3.6 A priori expectations
3.7 Unit Root Test

CHAPTER FOUR:
DATA PRESENTATION AND INTERPRETATION
4.1 Results
4.1.1 Graphical Representations
4.1.2 Descriptive Statistics
4.1.3 Unit Root Test
4.1.4 Johansen Cointegration Test
4.1.5 OLS Regression Results
4.2 Diagnostic Test
4.2.1 Heteroskedasticity Test: Harvey
4.2.2 Normality Test
4.2.3 Granger Causality Test
4.3 Discussion of Findings

CHAPTER FIVE:
SUMMARY OF FINDINGS AND CONCLUSION
5.1 Introduction
5.2 Summary
5.3 Conclusion
5.4 Recommendation
REFERENCE
APPENDIXES

 

APA

Impact Of Microfinance Credit On Agricultural Productivity. (n.d.). UniTopics. https://www.unitopics.com/project/material/impact-of-microfinance-credit-on-agricultural-productivity/

MLA

“Impact Of Microfinance Credit On Agricultural Productivity.” UniTopics, https://www.unitopics.com/project/material/impact-of-microfinance-credit-on-agricultural-productivity/. Accessed 22 November 2024.

Chicago

“Impact Of Microfinance Credit On Agricultural Productivity.” UniTopics, Accessed November 22, 2024. https://www.unitopics.com/project/material/impact-of-microfinance-credit-on-agricultural-productivity/

WORK DETAILS

Chapters:
5
Pages:
65
Words:
13055

Here’s a typical structure for Impact Of Microfinance Credit On Agricultural Productivity research projects:

  • The title page of Impact Of Microfinance Credit On Agricultural Productivity should include the project title, your name, institution, and date.
  • The abstract of Impact Of Microfinance Credit On Agricultural Productivity should be a summary of around 150-250 words and should highlight the main objectives, methods, results, and conclusions.
  • The introduction of Impact Of Microfinance Credit On Agricultural Productivity should provide the background information, outline the research problem, and state the objectives and significance of the study.
  • Review existing research related to Impact Of Microfinance Credit On Agricultural Productivity, identifying gaps the study aims to fill.
  • The methodology section of Impact Of Microfinance Credit On Agricultural Productivity should describe the research design, data collection methods, and analytical techniques used.
  • Present the findings of the Impact Of Microfinance Credit On Agricultural Productivity research study using tables, charts, and graphs to illustrate key points.
  • Interpret Impact Of Microfinance Credit On Agricultural Productivity results, discussing their implications, limitations, and potential areas for future research.
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