The criticality of financial intermediation on the South African Agro-Industrialization

References

• Adeleye, N., Osabuohien, E., Bowale, E., Matthew, O., & Oduntan, E. (2018). Financial reforms and credit growth in Nigeria: Empirical insights from ARDL and ECM techniques. International Review of Applied Economics, 32(6), 807–11. https://doi.org/10.1080/02692171.2017.1375466.10.1080/02692171.2017.1375466
   Web of Science ®Google Scholar
• Adetiloye, K. A. (2012). Agricultural financing in Nigeria: An assessment of the Agricultural Credit Guarantee Scheme Fund (ACGSF) for food security in Nigeria (1978-2006). Journal of Economics, 3(1), 39–48. https://doi.org/10.1080/02692171.2017.1375466
   Google Scholar
• AgriSA. (2019), Agricultural drought report, AgriSA centre of excellence. Retrieved November 10, 2022, from https://rpo.co.za/wp-content/uploads/2019/12/Agriculture-Drought-Report2019.pdf
   Google Scholar
• Aguera, P., Berglund, N., Chinembiri, T., Comninos, A., Gillwald, A., & Govan Vassen, N. (2020). Paving the way towards digitalising agriculture in South Africa. Retrieved January 13, 2023, from https://researchictafrica.net/wp/wpcontent/uploads/2020/09/PavingthewaytowardsdigitalisingagricultureinSouthAfricaWhitepaper272020105251.pdf
   Google Scholar
• Allen, R. C. (2009). The British industrial revolution in global perspective. Oxford University Press.
   Google Scholar
• Allen, C., Asmal, Z., Bhorat, H., Hill, R., Monnakgotla, J., Oosthuizen, M., & Rooney, C. (2021). Employment creation potential, labour skills requirements, and skill gaps for young people: A South African case study. Development Policy Research Unit Working Paper No. 202102., Cape Town: University of Cape Town.
   Google Scholar
• Anetor, F. O., Ogbechie, C., Kelikume, I., & Ikpesu, F. (2016). Credit supply and agricultural production in Nigeria: A vector autoregressive (VAR) approach. Journal of Economics & Sustainable Development, 7(2), 1–13.
   Google Scholar
• Anthony, E. (2010). Agricultural credit and economic growth in Nigeria: An empirical analysis. Business and Economics Journal, 14, 1–7.
   Google Scholar
• Ayeomoni, I. O., & Aladejana, S. A. (2016). Agricultural credit and economic growth Nexus. Evidence from Nigeria. International Journal of Academic Research in Accounting, Finance and Management Sciences, 6(2), 146–158.
   Google Scholar
• Campbell, R. (2022), Agriculture continues to outperform nearly all other sectors of South Africa’s economy. Retrieved November 21, 2022, from https://www.engineeringnews.co.za/article/agriculture-continues-to-outperform-nearly-all-other-sectors-of-south-africas-economy-2022-04-01
   Google Scholar
• Chisasa, J., & Makina, D. (2015). Bank credit and agricultural output in South Africa: Cointegration, short run dynamics and causality. Journal of Applied Business Research (JABR), 31(2), 489–500. https://doi.org/10.19030/jabr.v31i2.9148
   Google Scholar
• Chitonge, H. (2021). The agro-processing sector in the South African economy: Creating opportunities for inclusive growth. Policy Research in International Services and Manufacturing (PRISM). (Working Paper Series Number 2021-3). www.prism.uct.ac.za
   Google Scholar
• Clark, G. (2014). The industrial revolution. In Handbook of economic growth (Vol. 2, pp. 217–262). Elsevier.
   Google Scholar
• Clark, G. (2018). Too much revolution: Agriculture in the industrial revolution, 1700–1860. In The British industrial revolution (pp. 206–240). Routledge.
   Google Scholar
• Coetzee, G. K., Meyser, F., & Adam, H. (2002). The financial position of South African agriculture (No. 1737-2016-140327). Retrieved November 21, 2022, from https://ageconsearch.umn.edu/record/18056/
   Google Scholar
• Department of Agriculture, Land Reform and Rural Development. (2021). Economic review of the South African Agriculture 20 20/2 1. Retrieved November 21, 2022, from https://www.dalrrd.gov.za/Portals/0/Statistics%20and%20Economic%20Analysis/Statistical%20Information/Economic%20Review%202020-21.pdf
   Google Scholar
• Dercon, S., & Gollin, D. (2014). Agriculture in African development: A review of theories and strategies (CSAE Working Paper, WPS/2014-22), 1–42.
   Google Scholar
• Donnelly, S. (2021). Determinants of credit risk amongst commercial farmers in the midlands area of KwaZulu-Natal. University of KwaZulu-Natal.
   Google Scholar
• Egwu, P. N. (2016). Impact of agricultural financing on agricultural output, economic growth and poverty alleviation in Nigeria. Journal of Biology, Agriculture and Healthcare, 6(2), 1–7.
   Google Scholar
• Gardner, B., & Tsakok, I. (2007). Agriculture in economic development: Primary engine of growth or chicken and egg?. American Journal of Agricultural Economics, 89(5), 1145–1151.
   Web of Science ®Google Scholar
• Groenewald, J. A., & Jordaan, A. J. (2012). Unlocking credit markets. Wageningen Academic Publishers.
   Google Scholar
• Habanabakize, T. (2021). Determining the household consumption expenditure’s resilience towards petrol price, disposable income and exchange rate volatilities. Economies, 9(2), 87. https://doi.org/10.3390/economies9020087
   Web of Science ®Google Scholar
• Johnston, B. F., & Mellor, J. W. (1961). The Role of agriculture in economic development. The American Economic Review, 51(4), 566–593. https://www.jstor.org/stable/1812786
   Web of Science ®Google Scholar
• Mbutor, O. M., Ochu, R. E., & Okafor, I. I. (2013). The contribution of finance to agricultural production in Nigeria. CBN Economic and Financial Review, 51(2), 1–20.
   Google Scholar
• Moreno-Dodson, B. (2008). Assessing the impact of public spending on growth and empirical analysis for seven fast-growing countries (Policy Research Working Paper No. 4663). World Bank.
   Google Scholar
• Nwankwo, O. (2013). Agricultural financing in Nigeria: An empirical study of Nigerian agricultural Co-operative and rural Development Bank (NACRDB): 1990-2010. Journal of Management Research, 5(2), 1–17. https://doi.org/10.5296/jmr.v5i2.2806
   Google Scholar
• Obansa, S. A. J., & Maduekwe, I. M. (2013). Agriculture financing and economic growth in Nigeria. European Scientific Journal, 9(1), 1–37.
   Google Scholar
• Oberholster, C., Adendorff, C., & Jonker, K. (2015). Financing agricultural production from a value chain perspective: Recent evidence from South Africa. Outlook on Agriculture, 44(1), 49–60. https://doi.org/10.5367/oa.2015.0197
   Web of Science ®Google Scholar
• Omofa, F. H. (2020). Role of agriculture in the economic development of a country. Политика, экономика и инновации, 3(32), 1–5.
   Google Scholar
• Pesaran, M. H., Shin, Y., & Smith, R. J. (2001). Bounds testing approaches to the analysis of level relationships. Journal of Applied Econometrics, 16(3), 289–326. https://doi.org/10.1002/jae.616
   Web of Science ®Google Scholar
• Pienaar, P. L. (2013). Typology of smallholder farming in South Africa’s former homelands: Towards an appropriate classification system. Stellenbosch University.
   Google Scholar
• Praburaj, L. (2018). Role of agriculture in the economic development of a Country. Shanlax International Journal of Commerce, 6(3), 1–5.
   Google Scholar
• Rahman, L., Hussain, S. U., & Taqi, M. (2014). Impact of agricultural credit on agricultural productivity in Pakistan: An empirical analysis. International Journal of Advanced Research in Management and Social Sciences, 3(4), 125–139.
   Google Scholar
• Reyes, A., Lensink, R., Kuyvenhoven, A., & Moll, H. (2012). Impact of access to credit on farm productivity of fruit and vegetable growers in Chile. [Paper presentation] The International Association of Agricultural Economists (IAAE), pp. 18–24., Foz do Iguacu
   Google Scholar
• Southafrica.info. (2013). South African yearbook (December 2012). Retrieved November 10, 2022, from http://www.southafrica.info/business/economy/sectors/agricultural-sector.htm#ixzz2RwAeeIJw
   Google Scholar
• STATS SA. (2020). Census of commercial agriculture 2017 report. Retrieved November 10, 2022, from http://www.statssa.gov.za/?p=13144
   Google Scholar
• Swanepoel, P. A., & Tshuma, F. (2017). Soil quality effects on regeneration of annual Medicago pastures in the Swartland of South Africa. African Journal of Range & Forage Science, 34(4), 201–208. https://doi.org/10.2989/10220119.2017.1403462
   Web of Science ®Google Scholar
• Umaru, A., & Zubairu, A. A. (2012). An empirical analysis of the contribution of agriculture and petroleum sector to the growth and development of the Nigerian economy from 1960-2010. International Journal of Sociences and Education, 2(4), 1–12.
   Google Scholar