[PDF] Economic Factors Influencing Agricultural Credit eBook

Author : Michael Tariku
Publisher : LAP Lambert Academic Publishing
Page : 108 pages
File Size : 14,11 MB
Release : 2013
Category :
ISBN : 9783659424922

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It has been reported in various studies that micro finance has very beneficial economic and social impacts. Others argue that it can be an instrument of defaults and stagnation rather than an instrument of progress. Therefore, the major concern of this study is to measure the impact of credit use on the farm income and the living standard of the small farmers, to identify the factors affecting credit use, and to investigate the pattern of credit use by smallholder farmers. Descriptive statistics such as mean, standard deviation and percentages were used for analysing the data. Moreover, inferential statistics of t-test and 2 - test were employed to compare credit users and non-users with respect to the hypothesized and other related variables. A binary logit model is employed to examine factors affecting agricultural credit use. In this regard, a total of twelve explanatory variables were included in the empirical model of which five were significant, while Propensity Score Matching (PSM) method is employed to measure the impact of credit on the farm income of smallholders.

Author : Sarbajit Chaudhuri
Publisher : Serials Publications
Page : 216 pages
File Size : 49,5 MB
Release : 2004
Category : Agricultural credit
ISBN : 9788186771297

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The Papers In This Volume Seek To Focus Through Rigorous Mathematical Models On Some Important Aspects Of Rural Economy In The Late Developing Countries. The Emphasis Is On Filling In The Gaps In The Existing Theoretical Literature On Rural Markets In These Countries By Constructing Models, Which Are More Realistic And Free From The Disquieting Features Of The Existing Models In This Field. The Models In This Volume Have Been Built Around The Typical Environmental And Socio-Economic Conditions As Well As Behaviour Patterns In The Less Developed Countries E.G., Price Uncertainty In The Product Market, Production Uncertainty, Crop Insurance Scheme Of The Government, Delay In The Disbursement Of Formal Credit, Price And Credit Subsidy Policies Of The Government Etc. The Principal-Agent Framework And Game Theory Have Been Pressed Into Service Where Necessary. The Book Presents, Inter Alia, Two Models On Credit-Product Interlinkage, One Model On Interlinked Credit-Share Tenancy Contract, And Three Models On Interaction Between Formal And Informal Credit Markets. A New Theory Of Interest Rate Determination In The Informal Credit Market Has Also Been Provide, Which Can Explain The Prevalence Of High Interest Rate In That Market. The Effects Of Price And Credit Subsidy Policies On The Productivity Of Farmer S Land And Alternative Ways Of Formulating A Credit Subsidy Policy Have Been Studied. Finally, There Is An Empirical Analysis Of The Flow Of Formal Credit To Farmers Based On A Survey Of Two Selected Villages In West Bengal, India.