Financial Development And Agricultural Production In The WAEMU Area

ISBN-13: 9786204397603 / Angielski / Miękka / 52 str.

A. Marie Estelle A. Epouse Konan

Opis

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.

O autorze

A. Epouse Konan, A. Marie EstelleI am Dr. Amani wife Konan Aya Marie Estelle. I am Ivorian, born on January 25, 1989 in Aboisso, a city in Côte d'ivoire.I defended my doctoral thesis on December 10, 2018 at the University Félix Houphouet Boigny of Abidjan. I am the author of a research paper published in 2017.