The finance-growth nexus is gaining credence among researchers. Growing research interest in developing evidences for different economic sectors has ignited this study to examine the topic in agricultural sector for Malaysia. The analysis focuses on palm oil industry using data for the period 1981 to 2017 using the Autoregressive Distributed Lagged (ARDL-bounds) approach. Financial development measures financial depth, accessibility, efficiency, and stability. Other variables include production factors such as land, labour and capital. Findings/Originality : The findings show that the depth of financial market has positive impact on palm oil industry performance both in the short run and long run, though the depth of the financial institutions only take effect in the long run. Meanwhile the financial accessibility, efficiency and stability have no significant effect on the productivity of the industry. It implies that the equity market development is more relevant to affect the palm oil industry compared to credit market development.

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马来西亚棕榈油行业的财务发展和表现

金融与增长的关系在研究人员中越来越受欢迎。对为不同经济部门开发证据的研究兴趣日益浓厚，这激发了这项研究，以研究马来西亚农业部门的主题。该分析侧重于使用 1981 年至 2017 年期间的数据，使用自回归分布式滞后（ARDL 界限）方法对棕榈油行业进行分析。金融发展衡量金融深度、可及性、效率和稳定性。其他变量包括生产要素，如土地、劳动力和资本。研究结果/独创性：研究结果表明，金融市场的深度对棕榈油行业的短期和长期表现都有积极的影响，尽管金融机构的深度只在长期起作用。同时，金融可达性，效率和稳定性对行业的生产率没有显着影响。这意味着与信贷市场发展相比，股票市场发展对棕榈油行业的影响更大。