Analysis of Access to Credit and Agriculture Performance in Sub-Saharan Africa

Abstract

This study examined the influence of access to credit on agriculture production in Sub-Saharan Africa. The nature and availability of panel dataset constrained the study to analyze its aim through a panel co-integration approach. The analysis was carried out for 21 selected African countries, over the period 2000-2014. The findings indicated evidence of long run relationship between agriculture production and total credit. The estimations strongly revealed that total credit to agriculture has a positive and significant influence on the level of agriculture production in the region.