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Access to credit and physical capital stock : a study of non-farm household enterprises in Nigeria

Ojonta, Obed I. - ; Ogbuabor, Jonathan E. - ;

This study investigated the influence of access to credit on the physical capital stock of non-farm household enterprises in Nigeria. The study used the binary logistic regression technique and Nigeria?s 2018-19 General Household Survey data (Wave 4). We find that the influence of access to credit on the physical capital stock of non farm household enterprises in Nigeria is positive and significant. This implies that access to credit enhances the capacity of these enterprises to procure physical capital stock. Our results also indicate that expenditure on raw materials, profit, and years of operations are other key drivers of physical capital stock accumulation. Consequently, we conclude that there is a need for policies to enhance access to credit by non-farm household enterprises in Nigeria to strengthen their operations on a sustainable basis..


Ketersediaan

Call NumberLocationAvailable
PSB lt.2 - Karya Akhir1
Penerbit: Bulletin of Monetary Economics and Banking 2021
Edisi-
SubjekNon
Access to credit
Physical capital stock
farm household enterprises
Binary logit model
ISBN/ISSN-
Klasifikasi-
Deskripsi Fisik-
Info Detail Spesifik-
Other Version/RelatedTidak tersedia versi lain
Lampiran BerkasTidak Ada Data

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