Credit Constraints and Agricultural Productivity : Evidence from Rural Rwanda

Ali, Daniel Ayalew ; Deininger, Klaus ; Duponchel, Marguerite

Taylor and Francis

关键词: credit rationing;    credit constraints;    input intensity;    agricultural productivity;   

DOI  :  10.1080/00220388.2014.887687

学科分类：社会科学、人文和艺术（综合）

来源: World Bank Open Knowledge Repository

【 摘 要 】

While potentially negative impacts of credit constraints on economic development have long been discussed conceptually, empirical evidence for Africa remains limited. We use a direct elicitation approach on a national sample of Rwandan rural households to empirically assess the extent and nature of credit rationing in the semi-formal sector and its impact, using an endogenous switching model. Elimination of all constraints could increase output by some 17 per cent. Implications for policy and research are spelled out.