IDEAS home Printed from https://ideas.repec.org/a/taf/applec/v54y2022i15p1715-1726.html
   My bibliography  Save this article

The effect of financial access on convergence: evidence from the US agricultural sector

Author

Listed:
  • Erick Kitenge
  • Saima Bashir

Abstract

We investigate the effect of financial access on convergence in the US agricultural sector. We find that financial access allows states with lower real per-capita agricultural production to catch up faster with those with higher real per-capita agricultural production. Our results are robust to various specifications and in the presence of other factors determinant of dynamics in the agricultural sector, such as the level of unemployment and competition. Therefore, this paper unveils higher opportunity costs of lower financial access in terms of welfare improvement, policy dissemination, and technological spillovers across the states. We recommend the implementations and dissemination of strategiesthat will ensure the availability, to all farmers, of innovations developed in agriculture.

Suggested Citation

  • Erick Kitenge & Saima Bashir, 2022. "The effect of financial access on convergence: evidence from the US agricultural sector," Applied Economics, Taylor & Francis Journals, vol. 54(15), pages 1715-1726, March.
    • Handle: RePEc:taf:applec:v:54:y:2022:i:15:p:1715-1726
    DOI: 10.1080/00036846.2021.1980495
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/00036846.2021.1980495
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/00036846.2021.1980495?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

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

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Kitenge, Erick, 2022. "Determinants of entries into and exits from the US farming sector," The Quarterly Review of Economics and Finance, Elsevier, vol. 85(C), pages 379-385.

    More about this item

    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:taf:applec:v:54:y:2022:i:15:p:1715-1726. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/RAEC20 .

    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.