Journal of Agricultural Economics, Extension and Rural Development

Viewing Options:  View Full Article - PDF     Download Full Article - PDF

Agricultural Response to Investments and Credits in Benin. What Conclusions for the Cotton Sector


Ichaou Mounirou and Modeste Senou



Abstract

 

This study critically evaluates the agricultural response to investment and credit in Benin. In this article we develop an autoregressive vectors model to estimate the short-term public investments and Agricultural Credit dynamics on the cotton production. Results show that investment and agricultural Credit policies do not induce positive reactions of cotton supplies. In addition, the response time of the Beninese cotton producers to financial incentives is quite long and they are little sensitive to the new agricultural cotton policy. 

 

Keywords: vector autoregressive model –investments- Agricultural Credit - cotton 

JEL Classification: G13, L11, O24, O33