Estimating the effects of credit constraints on productivity of Peruvian agriculture
AbstractThis paper proposes an estimator for the endogenous switching regression models with fixed effects. The estimator allows for endogenous selection and for conditional heteroscedasticity in the outcome equation. Applying the estimator to a dataset on the productivity in agriculture substantially changes the conclusions compared to earlier analysis of the same dataset. This paper proposes an estimator for the endogenous switching re-gression models with fixed effects. The estimator allows for endogenous selection and for conditional heteroscedasticity in the outcome equation. Applying the estimator to a dataset on the productivity in agriculture substantially changes the conclusions compared to earlier analysis of the same dataset.
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Bibliographic InfoPaper provided by The World Bank in its series Policy Research Working Paper Series with number 6658.
Date of creation: 01 Oct 2013
Date of revision:
Economic Theory&Research; E-Business; Knowledge for Development; Econometrics; Labor Policies;
This paper has been announced in the following NEP Reports:
- NEP-ALL-2013-10-25 (All new papers)
- NEP-ECM-2013-10-25 (Econometrics)
- NEP-EFF-2013-10-25 (Efficiency & Productivity)
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