Open Access Open Access  Restricted Access Subscription or Fee Access

Modeling the Impact of Agricultural Credit Finance and Socio-economic Characteristics of Farmers on Rice Production: Multiple Linear Regression with Categorical Predictor Variables Approach

Yisa Yakubu

Abstract



In this paper, the impact of farmers’ access to agricultural credit finance and their socio-economic characteristics on the quantity of rice produced at the end of the 2013/2014 cropping season for rice farmers from some sampled rice-producing communities in Niger state was modeled using Least squares regression approach with categorical input variables. The contributions of each of the dummy predictors to the fitness of the model and hence, its role in the explanatory power of the model, were examined. It was observed that the amount of credit finance received by farmers plays a significant role in the explanatory power of the fitted model while none of the farmers’ socio-economic characteristics significantly improves the goodness-of-fit of the model.

Keywords


Agricultural credit finance, Multiple Regression, Categorical Predictors, Modeling, Rice production.

Full Text:

PDF


Disclaimer/Regarding indexing issue:

We have provided the online access of all issues and papers to the indexing agencies (as given on journal web site). It’s depend on indexing agencies when, how and what manner they can index or not. Hence, we like to inform that on the basis of earlier indexing, we can’t predict the today or future indexing policy of third party (i.e. indexing agencies) as they have right to discontinue any journal at any time without prior information to the journal. So, please neither sends any question nor expects any answer from us on the behalf of third party i.e. indexing agencies.Hence, we will not issue any certificate or letter for indexing issue. Our role is just to provide the online access to them. So we do properly this and one can visit indexing agencies website to get the authentic information. Also: DOI is paid service which provided by a third party. We never mentioned that we go for this for our any journal. However, journal have no objection if author go directly for this paid DOI service.