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The effects of a fertilizer loan on dry-season rice cultivated areas in Laos

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Author Info
Phinseng Channgakham () (International Graduate School of Social Sciences, Yokohama National University)
Abstract

This study estimates the effects of agricultural credit, especially a fertilizer loan, by utilizing original survey data collected before and after the policy change. We apply the fixed-effects method to account for the endogeneity that occurs when the farmer-specific unobserved heterogeneity correlates with the amount of loan. The result indicates that the quantitative effects of a fertilizer loan on dry-season rice cultivated areas (DRCAs) are small. This suggests that the elimination of the fertilizer loan may have little effect on DRCAs.

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File URL: http://economicsbulletin.vanderbilt.edu/2006/volume15/EB-06O10008A.pdf
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Publisher Info
Article provided by Economics Bulletin in its journal Economics Bulletin.

Volume (Year): 15 (2006)
Issue (Month): 12 ()
Pages: 1-8
Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
Handle: RePEc:ebl:ecbull:v:15:y:2006:i:12:p:1-8

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Related research
Keywords: Agricultural Promotion Bank (APB); dry-season rice cultivated areas (DRCAs); fertilizer loan; fixed-effects estimation.;

Find related papers by JEL classification:
O1 - Economic Development, Technological Change, and Growth - - Economic Development
Q1 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

  1. Khandker, Shahidur R. & Faruqee, Rashid R., 2003. "The impact of farm credit in Pakistan," Agricultural Economics, Blackwell, vol. 28(3), pages 197-213, May. [Downloadable!] (restricted)
  2. Carter, Michael R., 1988. "Equilibrium credit rationing of small farm agriculture," Journal of Development Economics, Elsevier, vol. 28(1), pages 83-103, February. [Downloadable!] (restricted)
  3. Carter, Michael R., 1989. "The impact of credit on peasant productivity and differentiation in Nicaragua," Journal of Development Economics, Elsevier, vol. 31(1), pages 13-36, July. [Downloadable!] (restricted)
  4. Feder, Gershon & Lau, Lawrence J. & Lin, Justin Y. & Xiaopeng, Luo, 1989. "Agricultural credit and farm performance in China," Journal of Comparative Economics, Elsevier, vol. 13(4), pages 508-526, December. [Downloadable!] (restricted)
  5. Bao Duong, Pham & Izumida, Yoichi, 2002. "Rural Development Finance in Vietnam: A Microeconometric Analysis of Household Surveys," World Development, Elsevier, vol. 30(2), pages 319-335, February. [Downloadable!] (restricted)
  6. Nickell, Stephen J, 1981. "Biases in Dynamic Models with Fixed Effects," Econometrica, Econometric Society, vol. 49(6), pages 1417-26, November. [Downloadable!] (restricted)
  7. Feder, Gershon, 1985. "The relation between farm size and farm productivity : The role of family labor, supervision and credit constraints," Journal of Development Economics, Elsevier, vol. 18(2-3), pages 297-313, August. [Downloadable!] (restricted)
  8. Mark M. Pitt & Shahidur R. Khandker, 1998. "The Impact of Group-Based Credit Programs on Poor Households in Bangladesh: Does the Gender of Participants Matter?," Journal of Political Economy, University of Chicago Press, vol. 106(5), pages 958-996, October. [Downloadable!] (restricted)
  9. Coleman, Brett E., 1999. "The impact of group lending in Northeast Thailand," Journal of Development Economics, Elsevier, vol. 60(1), pages 105-141, October. [Downloadable!] (restricted)
  10. Angrist, Joshua D. & Krueger, Alan B., 1999. "Empirical strategies in labor economics," Handbook of Labor Economics, in: O. Ashenfelter & D. Card (ed.), Handbook of Labor Economics, edition 1, volume 3, chapter 23, pages 1277-1366 Elsevier. [Downloadable!] (restricted)
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  11. Feder, Gershon & Lau, Lawrence J. & Lin, Justin Y. & Xiaopeng Luo, 1991. "Credit's effect on productivity in Chinese agriculture : a microeconomic model of disequilibrium," Policy Research Working Paper Series 571, The World Bank. [Downloadable!]
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This page was last updated on 2009-11-16.

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