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Impact of Agricultural Credit and Insurance Schemes on Farm Income Stability and Food Security in Developing Economy: Evidence from Microeconomic Models of Nigerian Farm Households

This study examined the interrelated effects of agricultural credit, insurance, and input-subsidy programmes on farm income and food supply resilience within Nigeria’s smallholder agricultural economy. Using a simulated microeconomic framework calibrated with representative national data and estimated via production and risk-behavioural models, the analysis demonstrated that access to affordable and timely credit had the most significant positive effect on farm-level income, followed by insurance and input subsidies.







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