Impact of financial market extension on agricultural sector’s development of Kohgilouye & BoyerAhmad province

Document Type : Research Paper

Authors

1 PhD., Business Administration, Agrarian University, Armenia

2 Assistant Professor, Department of Agricultural Economics, Sari University of Agricultural Sciences & Natural Resources, Iran

Abstract

Financial markets are considered because of their role in acquiring small and large savings of national economy, optimizing the flow of financial resources and distributing these resources to consumption and investment needs of economic sectors. The aim of this study was investigating the influence of financial market extension on agriculturalsector’s development of Kohgilouye and Boyer Ahmad province using VAR. The results of this study showed the effect of financial markets on agriculturalsector’s development is positive. Therefore, extending the financial markets of this province through the extension of bank credits and establishment of agricultural commodity exchange has undeniable effect on agricultural development.

Keywords

References

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Iranian Journal of Agricultural Economics and Development Research
Volume 45, Issue 3 - Serial Number 3
October 2014
Pages 529-535

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