Credit Constraints and Agricultural Productivity: Evidence from rural Rwanda

被引:69
|
作者
Ali, Daniel Ayalew [1 ]
Deininger, Klaus [1 ]
Duponchel, Marguerite [2 ,3 ]
机构
[1] World Bank, DECRG, Washington, DC 20433 USA
[2] London Sch Econ, Kampala, Uganda
[3] Int Growth Ctr, Kampala, Uganda
来源
JOURNAL OF DEVELOPMENT STUDIES | 2014年 / 50卷 / 05期
关键词
MARKETS; ACCESS; DIVERSIFICATION; BEHAVIOR; IMPACT; STATES;
D O I
10.1080/00220388.2014.887687
中图分类号
F0 [经济学]; F1 [世界各国经济概况、经济史、经济地理]; C [社会科学总论];
学科分类号
0201 ; 020105 ; 03 ; 0303 ;
摘要
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.
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页码:649 / 665
页数:17
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