IDEAS home Printed from https://ideas.repec.org/a/bla/agecon/v47y2016i4p399-409.html
   My bibliography  Save this article

The productivity of agricultural credit in India

Author

Listed:
  • Sudha Narayanan

Abstract

This study examines the nature of the relationship between formal agricultural credit and agricultural GDP in India, specifically the role of the former in supporting agricultural growth, using state level panel data covering the period 1995-96 to 2011-12. The study uses a mediation analysis framework to map the pathways through which institutional credit relates to agricultural GDP relying on a control function approach to tackle the problem of endogeneity.
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Sudha Narayanan, 2016. "The productivity of agricultural credit in India," Agricultural Economics, International Association of Agricultural Economists, vol. 47(4), pages 399-409, July.
    • Handle: RePEc:bla:agecon:v:47:y:2016:i:4:p:399-409
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1111/agec.2016.47.issue-4
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to look for a different version below or search for a different version of it.

    Other versions of this item:

    References listed on IDEAS

    as
    1. Hans Binswanger & Shahidur Khandker, 1995. "The impact of formal finance on the rural economy of India," Journal of Development Studies, Taylor & Francis Journals, vol. 32(2), pages 234-262.
    2. Rada, Nicholas E., 2013. "Agricultural Growth in India: Examining the Post-Green Revolution Transition," 2013 Annual Meeting, August 4-6, 2013, Washington, D.C. 149547, Agricultural and Applied Economics Association.
    3. Shawn Cole, 2009. "Fixing Market Failures or Fixing Elections? Agricultural Credit in India," American Economic Journal: Applied Economics, American Economic Association, vol. 1(1), pages 219-250, January.
    4. Sriram M S, 2007. "Productivity of Rural Credit: A Review of Issues and Some Recent Literature," IIMA Working Papers WP2007-06-01, Indian Institute of Management Ahmedabad, Research and Publication Department.
    5. Unknown, 2013. "SAEA 2013 Annual Meetings," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 45, pages 1-1, August.
    6. Kanz, Martin, 2012. "What does debt relief do for development ? evidence from India's bailout program for highly-indebted rural households," Policy Research Working Paper Series 6258, The World Bank.
    7. Duvvuri Subbarao, 2012. "Agricultural Credit - Accomplishments and Challenges," Working Papers id:5082, eSocialSciences.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Sudha Narayanan, 2016. "Productivity of Agricultural Credit in India: Assessing the Recent Role of Institutional Credit to Agriculture in India using State Level Data," Working Papers id:11195, eSocialSciences.
    2. Kumar, Anjani & Mishra, Ashok K. & Saroj, Sunil & Joshi, P.K., 2017. "Institutional versus non-institutional credit to agricultural households in India: Evidence on impact from a national farmers’ survey," Economic Systems, Elsevier, vol. 41(3), pages 420-432.
    3. Renuka Sane, 2019. "The Way Forward for Personal Insolvency in the Indian Insolvency and Bankruptcy Code," Working Papers id:12987, eSocialSciences.
    4. Paramasivam Ramasamy & Umanath Malaiarasan, 2023. "Agricultural credit in India: determinants and effects," Indian Economic Review, Springer, vol. 58(1), pages 169-195, June.
    5. Cariappa, A. G. Adeeth & Sendhil, R, 2021. "Does Institutional Credit Induce on-Farm Investments? Evidence from India," 2021 Conference, August 17-31, 2021, Virtual 315221, International Association of Agricultural Economists.
    6. Rishabh Sinha, 2022. "Crop yield convergence across districts in India’s poorest state," Journal of Productivity Analysis, Springer, vol. 57(1), pages 41-59, February.
    7. Rekha Misra & Pallavi Chavan & Radheshyam Verma, 2016. "Agricultural Credit in India in the 2000s: Growth, Distribution and Linkages with Productivity," Margin: The Journal of Applied Economic Research, National Council of Applied Economic Research, vol. 10(2), pages 169-197, May.
    8. Gutiérrez-Romero, Roxana & Ahamed, Mostak, 2021. "COVID-19 response needs to broaden financial inclusion to curb the rise in poverty," World Development, Elsevier, vol. 138(C).
    9. Chen, Haiqiang & Lin, Zhe, 2024. "Local fiscal pressure and shadow banking activities of nonfinancial enterprises–A story of government intervention," Finance Research Letters, Elsevier, vol. 62(PB).
    10. Areendam Chanda & C. Justin Cook, 2019. "Who Gained from India's Demonetization? Insights from Satellites and Surveys," Departmental Working Papers 2019-06, Department of Economics, Louisiana State University.
    11. Victor Gay, 2023. "Culture: An Empirical Investigation of Beliefs, Work, and Fertility. A Verification and Reproduction of Fernández and Fogli (2009)," Post-Print hal-04194417, HAL.
    12. Vinay Reddy Venumuddala, 2020. "Patterns in demand side financial inclusion in India -- An inquiry using IHDS Panel Data," Papers 2005.08961, arXiv.org.
    13. Xolile Mamba, Tangetile, 2016. "The role of contracts in improving access to credit in the smallholder livestock sector of Swaziland," Research Theses 243472, Collaborative Masters Program in Agricultural and Applied Economics.
    14. Baylis, Kathy & Mallory, Mindy & Songsermsawas, Tisorn, 2015. "Effects of credit and market access on farm gate prices in India," 2015 AAEA & WAEA Joint Annual Meeting, July 26-28, San Francisco, California 205434, Agricultural and Applied Economics Association.
    15. Jakina Debnam, 2017. "Selection Effects and Heterogeneous Demand Responses to the Berkeley Soda Tax Vote," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 99(5), pages 1172-1187.
    16. Chen, Pei-Fen & Liu, Ping-Chin, 2013. "Bank ownership, performance, and the politics: Evidence from Taiwan," Economic Modelling, Elsevier, vol. 31(C), pages 578-585.
    17. Yuan, Yan & Xu, Lihe, 2015. "Are poor able to access the informal credit market? Evidence from rural households in China," China Economic Review, Elsevier, vol. 33(C), pages 232-246.
    18. Bell, Clive & Rousseau, Peter L., 2001. "Post-independence India: a case of finance-led industrialization?," Journal of Development Economics, Elsevier, vol. 65(1), pages 153-175, June.
    19. Anne-Laure Delatte & Adrien Matray & Noémie Pinardon-Touati, 2020. "Private Credit Under Political Influence: Evidence from France," Working Papers 2020-56, Princeton University. Economics Department..
    20. Sushanta K. Mallick, 2014. "Disentangling the Poverty Effects of Sectoral Output, Prices, and Policies in India," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 60(4), pages 773-801, December.

    More about this item

    JEL classification:

    • Q10 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - General
    • Q14 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Finance

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:agecon:v:47:y:2016:i:4:p:399-409. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: https://edirc.repec.org/data/iaaeeea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.