Agricultural Credit flow of Commercial Banks and Impact on Agricultural Production in Nepal
Journal Title: Scholars Journal of Arts, Humanities and Social Sciences - Year 2014, Vol 2, Issue 2
Abstract
Abstract: The agricultural performance engrosses many production factors and agricultural credit is one of them. It needs of time that credit agencies come up to help farmers in applying and undertaking the improved farm practices. Thus, the present study attempts to determine the impact of agricultural credit of commercial banks on agriculture production in Nepal by estimating Cobb Douglas Production Function for the period of 2002-2012 using time series data obtained from various issues of Economic Survey, Banking and Financial Statistics, Ministry of Finance and Statistical Information on Nepalese Agriculture, Ministry of Agricultural Development, Government of Nepal. As per the model estimated during the period, the coefficient of natural logarithm of agricultural credit per cultivated area which is the major explanatory variable is positive and significantly impacts the agricultural production of the country i.e. a percentage change in agricultural credit flow of commercial banks will on an average brings 0.183 percent change in agricultural gross domestic product (AGDP). Although, the consumption of fertilizer and improved seeds showed positive relation with AGDP do not significantly bring changes in agricultural production in the country during the period. Thus, the study bring to a close estimation that agricultural credit flow of commercial banks have positive impact on agricultural production and is significant determinant of improving Agricultural Gross Domestic Product of the agrarian country like Nepal. Keywords: Agricultural Credit, Cobb-Douglas Production Function, Agricultural Gross Domestic Product.
Authors and Affiliations
Narayan Sharma Rimal
Keywords
Related Articles
- EP ID EP381197
- DOI -
- Views 104
- Downloads 0
Proper Electoral System for Sri Lanka: Lessons Learnt from the German Representation System
Post independent Sri Lanka has experienced two main electoral systems assimple majority system and proportional system. Advantages as well as disadvantages could be identified in both the systems. Nevertheless there is a...
Universal Primary Education, Poverty and Child Labor in Trans-Nzoia County, Kenya
This paper discusses the relationship between universal/free primary educations, poverty and child labour in Trans-nzoia County. The paper has been critically written at a time when the country is striving towards achiev...
Gender Differentiation: The Woman’s place in the Kenyan Print Media Coverage of Moscow 2013 IAAF Championship
Although more and more women are becoming active in athletics, they are not given the necessary attention in the newspapers like their male counterparts. Since the athletic women’s accomplishments are relegated and consi...
A Comparison of African and African American Funeral Customs and Rites with Specific Examples from Zimbabwe and Louisiana States
This is a paper which looks at funeral rites in two different places, Zimbabwe and America. There is an attempt to trace common origin if possible as black people in America were taken in as slaves from Africa. The paper...
Prevalence of colour blindness among school going children aged 10-17 years in Jodhpur city Rajasthan
Color blindness in which subject is unable to clearly distinguish different colors of the spectrum. Due to this decrease performance at school, reduce employability and productivity, and generally impair quality of life....