REVALUATION OF THE IMPACT OF MONETARY POLICY ON AGRICULTURAL OUTPUT IN NIGERIA

  • Type: Project
  • Department: Economics
  • Project ID: ECO0951
  • Access Fee: ₦5,000 ($14)
  • Pages: 54 Pages
  • Format: Microsoft Word
  • Views: 209
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ABSTRACT

This research work is an empirical effort attempted to re-evaluate the impact of monetary policy on agricultural output with annual secondary data from 1980 to 2015 sourced from Central Bank of Nigeria Statistical Bulletin. The ordinary least square techniques was employed for its estimation. The result shows that the independent variables interest rate, cash reserve ratio and deposit money bank credit to agriculture have  significant impact on the Agricultural sector in Nigeria which means that monetary policy instruments is relevant to agricultural. From the study the government is advised to seek a proper role for monetary policy in promoting strong and sustainable growth in a stable macroeconomic environment in Nigeria through monetary authority also the government should advocate for a moderate interest rate which is needed for a sustainable economic growth and development.

                              

                                   

 

 

 

 



REVALUATION OF THE IMPACT OF MONETARY POLICY ON AGRICULTURAL OUTPUT IN NIGERIA
For more Info, call us on
+234 8130 686 500
or
+234 8093 423 853

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  • Type: Project
  • Department: Economics
  • Project ID: ECO0951
  • Access Fee: ₦5,000 ($14)
  • Pages: 54 Pages
  • Format: Microsoft Word
  • Views: 209
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    Details

    Type Project
    Department Economics
    Project ID ECO0951
    Fee ₦5,000 ($14)
    No of Pages 54 Pages
    Format Microsoft Word

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