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.
引用
收藏
页码:649 / 665
页数:17
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