Title of article :
Bank Credits and Investment Growth of Agricultural Sector in Iran
Author/Authors :
Shabanzadeh, Mehdi Faculty of Agricultural Economic and Development - University of Tehran , Esfanjari Kenari, Reza Faculty of Agricultural Economics - Zabol University , Jansouz, Parinaz Faculty of Agricultural Economics - University of Sistan and Baluchestan , Kavoosi Kalashami, Mohammad Department of Agricultural Economics - Faculty of Agricultural Sciences - University of Guilan
Abstract :
This study were examined relationship between bank credits
and investment growth of agricultural sector in Iran during
the period of 1982-2011 by auto regressive distribution lag
bounds test approach. Basically, the growth investing of the
agricultural sector in Iran is related to oil revenues, bank
credits, value added of agriculture sector and capital stock.
The results confirm the existence of a long-run relationship
between variables in model. In addition, according to the
results, bank credit is the most significant variable in explaining
the growth investing, so that increases access to it will encourage
growth investment of the agricultural sector in Iran. The estimations
show that elasticity of bank credits, oil revenues,
stock investment and value added are 0.103, 0.015, 0.049 and
-0.058 in the agricultural sector respectively
Keywords :
Bank credits , Growth investing , Oil revenues , Iran , ARDL
Journal title :
Astroparticle Physics
