Risk Aversion, Information and Adoption of HYV Technology in Asian Countries : The Role of Concessionary Credit Revisited
Subsidised credit, a key component of many programs designed to facilitate rapid adoption of new agricultural technologies in developing countries, has been almost unanimously condemned by economists on both efficiency and equity grounds. This paper argues that such analysis have typically underestimated major positive contributions of susidised credit by ignoring links between risk, information and subsidised credit in the context of underdeveloped on non-existent markets, and the positive externalities conferred on poorer farmers and rice consumers by early adopting large farmers.
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
|Date of creation:||1996|
|Date of revision:|
|Contact details of provider:|| Web page: http://www.latrobe.edu.au/economics|
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:ltr:wpaper:1996.03. 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: (Stephen Scoglio)The email address of this maintainer does not seem to be valid anymore. Please ask Stephen Scoglio to update the entry or send us the correct address
If references are entirely missing, you can add them using this form.