Banking Sector Development and Agricultural Productivity in Central African Economic and Monetary Community (CEMAC)

作     者：Chi Aloysius Ngong Kesuh Jude Thaddeus Josaphat Uchechukwu Joe Onwumere 

作者机构：Department of Banking and FinanceUniversity of NigeriaNsukkaNigeria 

出 版 物：《Journal of Agricultural Science and Technology(B)》 (农业科学与技术（B）)

年 卷 期：2020年第10卷第2期

页      面：68-82页

学科分类：0202[经济学-应用经济学] 02[经济学] 020205[经济学-产业经济学] 

主　　题：Agricultural productivity banking sector development economic growth agricultural financing investment sustainable development 

摘      要：There is high pressure for investment capital and financial services for agricultural activities necessary for poverty reduction,economic growth,sustainable development and food *** study investigated the long-term causation between banking sector development and agricultural productivity in the six Central African Economic and Monetary Community(CEMAC)states from 1990 to 2018,hypothesizing no causation between banking sector and agriculture *** the autoregressive distributed lag(ARDL)model and vector error correction model(VECM),the study demonstrates that banking sector and agricultural productivity in the CEMAC region are *** implies long-run relationship exists between banking sector and agricultural productivity in the CEMAC *** results reveal that bidirectional causality exists between banking sector and agricultural productivity in the CEMAC *** is insinuating that in the CEMAC region,agricultural productivity and banking sector development are operating in *** findings indicate the reason to establish the banking sector using proper macroeconomic,legal and regulatory policies to boost agricultural productivity by creating incentive systems that channel more credit to agricultural investment and promoting the banking system.