Risk Aversion, Information and Adoption of HYV Technology in Asian Countries : The Role of Concessionary Credit Revisited
AbstractSubsidised credit, a key component of many programs designed to facilitate rapid adoption of new agricultural technologies in developing countries, has been almost unanimously condemned by economists on both efficiency and equity grounds. This paper argues that such analysis have typically underestimated major positive contributions of susidised credit by ignoring links between risk, information and subsidised credit in the context of underdeveloped on non-existent markets, and the positive externalities conferred on poorer farmers and rice consumers by early adopting large farmers.
Download InfoTo our knowledge, this item is not available for download. To find whether it is available, there are three options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
Bibliographic InfoPaper provided by School of Economics, La Trobe University in its series Working Papers with number 1996.03.
Length: 25 pages
Date of creation: 1996
Date of revision:
Agriculture; Technology; Risk; Credit;
Other versions of this item:
You can help add them by filling out this form.
reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Stephen Scoglio).
If references are entirely missing, you can add them using this form.