Click for new scientific resources and news about Corona[COVID-19]

Paper Information

Journal:   AGRICULTURAL ECONOMICS: IRANIAN JOURNAL OF AGRICULTURAL ECONOMICS (ECONOMICS AND AGRICULTURE JOURNAL)   2009 , Volume 3 , Number 1; Page(s) 57 To 71.
 
Paper: 

FINANCIAL DEVELOPMENT AND AGRICULTURAL GROWTH

 
 
Author(s):  FATHI F.*, ZIBAEI M., TARAZKAR M.H.
 
* DEPARTMENT OF AGRICULTURAL ECONOMICS, SHIRAZ UNIVERSITY, AND INSTRUCTOR OF COLLEGE OF AGRICULTURE AND NATURAL RESOURCES, IRAN
 
Abstract: 

The main purpose of this article is study of short and long-run relationship between measures of financial development and growth of agricultural sector, applying vector error-correction model to 1962-2004 data. Agricultural bank credit, credit of other banks and money stock minus currency to GDP were used to measure agricultural financial development. Results showed that there is a long-run bi-directional causality relationship between financial development and agricultural growth and agricultural growth caused financial development in short-run. Agricultural bank credit cannot cause fixed capital formation in agriculture in short and long-run. Therefore, allocation of credit needs some reforms for increasing of capital formation in agriculture.

 
Keyword(s): FINANCIAL DEVELOPMENT, AGRICULTURAL GROWTH, AGRICULTURAL BANK, VECM
 
References: 
  • ندارد
 
  Persian Abstract Yearly Visit 94
 
Latest on Blog
Enter SID Blog