Credit Constraints and Agricultural Productivity : Evidence from Rural Rwanda

• Tác giả: Marguerite Duponchel
• Ngôn ngữ: eng
• Ký hiệu phân loại: 332.71 Agricultural credit
• Thông tin xuất bản: Taylor and Francis, 2014
• Bộ sưu tập: Tài liệu truy cập mở
• ID: 246308
• Chủ đề: 1. agricultural productivity; 2. credit constraints; 3. credit rationing; 4. input intensity

Tóm tắt

While potentially negative impacts of credit constraints on economic development have long been discussed conceptually, empirical evidence for Africa remains limited. We use a direct elicitation approach on a national sample of Rwandan rural households to empirically assess the extent and nature of credit rationing in the semi-formal sector and its impact, using an endogenous switching model. Elimination of all constraints could increase output by some 17 per cent. Implications for policy and research are spelled out.