Estimating the Effects of Credit Constraints on Productivity of Peruvian Agriculture

• Tác giả: Tiemen Woutersen
• Ngôn ngữ: eng
• Ký hiệu phân loại: 338.14 Factors affecting production
• Thông tin xuất bản: World Bank, Washington, DC, 2014
• Bộ sưu tập: Tài liệu truy cập mở
• ID: 306420
• Chủ đề: 1. AGRICULTURE; 2. BINARY CHOICE; 3. COVARIANCE MATRIX; 4. CULTURAL CHANGE; 5. DEGREES OF FREEDOM

Tóm tắt

This paper proposes an estimator for the endogenous switching regression models with fixed effects. The estimator allows for endogenous selection and for conditional heteroscedasticity in the outcome equation. Applying the estimator to a dataset on the productivity in agriculture substantially changes the conclusions compared to earlier analysis of the same dataset. This paper proposes an estimator for the endogenous switching re-gression models with fixed effects. The estimator allows for endogenous selection and for conditional heteroscedasticity in the outcome equation. Applying the estimator to a dataset on the productivity in agriculture substantially changes the conclusions compared to earlier analysis of the same dataset.