Estimating the Effects of Credit Constraints on Productivity of Peruvian Agriculture
This paper proposes an estimator for the endogenous switching regression models with fixed effects. The estimator allows for endogenous selection and for conditional heteroscedasticity in the outcome equation. Applying the estimator to a dataset on...
| Main Authors: | , |
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| Format: | Policy Research Working Paper |
| Language: | English en_US |
| Published: |
World Bank, Washington, DC
2014
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2013/10/18405278/estimating-effects-credit-constraints-productivity-peruvian-agriculture http://hdl.handle.net/10986/16876 |
| Summary: | This paper proposes an estimator for the
endogenous switching regression models with fixed effects.
The estimator allows for endogenous selection and for
conditional heteroscedasticity in the outcome equation.
Applying the estimator to a dataset on the productivity in
agriculture substantially changes the conclusions compared
to earlier analysis of the same dataset. This paper proposes
an estimator for the endogenous switching re-gression models
with fixed effects. The estimator allows for endogenous
selection and for conditional heteroscedasticity in the
outcome equation. Applying the estimator to a dataset on the
productivity in agriculture substantially changes the
conclusions compared to earlier analysis of the same dataset. |
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