Bookcover of Financial Development And Agricultural Production In The WAEMU Area
Booktitle:

Financial Development And Agricultural Production In The WAEMU Area

How can financial development contribute to improving agricultural production in the WAEMU region?

Our Knowledge Publishing (2022-01-17 )

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ISBN-13:

978-620-4-39760-3

ISBN-10:
6204397605
EAN:
9786204397603
Book language:
English
Blurb/Shorttext:
The objective of this research paper is to examine the existence of a non-linear relationship between financial development and agricultural production in the WAEMU region by considering different indicators of financial development. We then construct a PSTR model, our basic model. As a robustness test, we formulate a quadratic model that takes into account the endogeneity of some explanatory variables. The results of the empirical tests and estimates reveal a decreasing linear relationship between domestic credit provided by the banking sector and agricultural production. With respect to the stock market, the results obtained show a non-linear relationship between the development of the stock market and agricultural production. The effect of stock market capitalization on agricultural production is favorable but decreasing.
Publishing house:
Our Knowledge Publishing
Website:
https://sciencia-scripts.com
By (author) :
A. Marie Estelle A. Epouse Konan
Number of pages:
52
Published on:
2022-01-17
Stock:
Available
Category:
Individual braches, Branches
Price:
39.90 €
Keywords:
financial development, Agricultural Production

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