Impact of credit disbursed by commercial banks on the productivity of wheat in Faisalabad district
Purpose – The agriculture sector is the single largest contributor to the national income (gross domestic product – (GDP)) of Pakistan. Wheat is the main staple diet of the people of Pakistan. It contributes 13.7 percent to the value added in agriculture and 3.0 percent to GDP. Given its importance to the national economy, the government attaches high priority to raising agricultural productivity and farmer's income. For this purpose, financing for agricultural sector is very much needed and important. Like other institutional sources, commercial banks also provide agricultural credit. The purpose of this paper is to study the impact of credit disbursed by them on the productivity of wheat. Design/methodology/approach – Primary data were collected from 114 randomly selected respondents through a well-structured interview schedule. Cobb Douglous function was used to calculate the impact of credit on the productivity. Findings – The coefficient of credit was highly significant, which showed that credit has a positive impact on the productivity of wheat and hence is an important tool for improving the productivity of agriculture sector. Originality/value – The study in hand will be useful for the planners who are responsible for allocating funds for the agricultural sector in general and for wheat growers in particular. The recommendations of the study will go a long way to mitigating the problems being faced by the small farmers of Pakistan in securing institutional credit.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 1 (2009)
Issue (Month): 3 (September)
|Contact details of provider:|| Web page: http://www.emeraldinsight.com|
|Order Information:|| Postal: Emerald Group Publishing, Howard House, Wagon Lane, Bingley, BD16 1WA, UK|
Web: http://www.emeraldinsight.com/caer.htm Email:
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.:
- M. Irfan & G. M. Arif & Syed Mubashir Ali & Hina Nazli, 1999. "The Structure of Informal Credit Market in Pakistan," PIDE-Working Papers 1999:168, Pakistan Institute of Development Economics.
- Muhammad Iqbal & Munir Ahmad & Kalbe Abbas, 2003.
"The Impact of Institutional Credit on Agricultural Production in Pakistan,"
The Pakistan Development Review,
Pakistan Institute of Development Economics, vol. 42(4), pages 469-485.
- Iqbal, Muhammad & Ahmad, Munir & Abbas, Kalbe, 2003. "The Impact of Institutional Credit on Agricultural Production in Pakistan," MPRA Paper 3673, University Library of Munich, Germany, revised 2003.
- 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.
When requesting a correction, please mention this item's handle: RePEc:eme:caerpp:v:1:y:2009:i:3:p:275-282. See general 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: (Virginia Chapman)
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 references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link 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 profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.