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

Author

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  • 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.

Suggested Citation

  • Phinseng Channgakham, 2006. "The effects of a fertilizer loan on dry-season rice cultivated areas in Laos," Economics Bulletin, AccessEcon, vol. 15(12), pages 1-8.
  • Handle: RePEc:ebl:ecbull:eb-06o10008
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    Cited by:

    1. Bounmy Inthakesone & Pakaiphone Syphoxay, 2021. "Public Investment on Irrigation and Poverty Alleviation in Rural Laos," JRFM, MDPI, vol. 14(8), pages 1-12, August.

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    More about this item

    JEL classification:

    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development
    • Q1 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture

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