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...

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Main Authors:	Woutersen, Tiemen, Khandker, Shahidur R.
Format:	Policy Research Working Paper
Language:	English en_US
Published:	World Bank, Washington, DC 2014
Subjects:	AGRICULTURE BINARY CHOICE COVARIANCE MATRIX CULTURAL CHANGE DEGREES OF FREEDOM DEVELOPMENT POLICY DISCUSSIONS DISEQUILIBRIUM ECONOMETRIC THEORY ECONOMETRICS ECONOMIC DEVELOPMENT ECONOMICS EMAIL ADDRESS ENDOGENOUS REGRESSORS ERROR ERROR TERM ERROR TERMS EXOGENOUS REGRESSORS FIXED EFFECTS FUTURE RESEARCH HYPOTHESIS TESTING IDEAS INCOME JOURNAL OF ECONOMETRICS LABOR SUPPLY LABOUR LIMITED DEPENDENT VARIABLES OPEN ACCESS PANEL DATA PANEL DATA MODELS PERIOD T PRIVATE SECTORS PRODUCTIVITY PRODUCTIVITY INCREASES QUASI MAXIMUM LIKELIHOOD QUASI MAXIMUM LIKELIHOOD ESTIMATOR RANDOM EFFECTS REGRESSION MODEL RESULT RESULTS SELECTION MODEL STANDARD ERRORS STEP ESTIMATOR TIME PERIOD TIME SERIES TRANSACTION VARIANCE-COVARIANCE MATRIX WAGE RATES
Online Access:	http://documents.worldbank.org/curated/en/2013/10/18405278/estimating-effects-credit-constraints-productivity-peruvian-agriculture http://hdl.handle.net/10986/16876

id	okr-10986-16876
recordtype	oai_dc
spelling	okr-10986-168762021-04-23T14:03:32Z Estimating the Effects of Credit Constraints on Productivity of Peruvian Agriculture Woutersen, Tiemen Khandker, Shahidur R. AGRICULTURE BINARY CHOICE COVARIANCE MATRIX CULTURAL CHANGE DEGREES OF FREEDOM DEVELOPMENT POLICY DISCUSSIONS DISEQUILIBRIUM ECONOMETRIC THEORY ECONOMETRICS ECONOMIC DEVELOPMENT ECONOMICS EMAIL ADDRESS ENDOGENOUS REGRESSORS ERROR ERROR TERM ERROR TERMS EXOGENOUS REGRESSORS FIXED EFFECTS FUTURE RESEARCH HYPOTHESIS TESTING IDEAS INCOME JOURNAL OF ECONOMETRICS LABOR SUPPLY LABOUR LIMITED DEPENDENT VARIABLES OPEN ACCESS PANEL DATA PANEL DATA MODELS PERIOD T PRIVATE SECTORS PRODUCTIVITY PRODUCTIVITY INCREASES QUASI MAXIMUM LIKELIHOOD QUASI MAXIMUM LIKELIHOOD ESTIMATOR RANDOM EFFECTS REGRESSION MODEL RESULT RESULTS SELECTION MODEL STANDARD ERRORS STEP ESTIMATOR TIME PERIOD TIME SERIES TRANSACTION VARIANCE-COVARIANCE MATRIX WAGE RATES 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. 2014-02-04T19:19:11Z 2014-02-04T19:19:11Z 2013-10 http://documents.worldbank.org/curated/en/2013/10/18405278/estimating-effects-credit-constraints-productivity-peruvian-agriculture http://hdl.handle.net/10986/16876 English en_US Policy Research Working Paper;No. 6658 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research Latin America & Caribbean Peru
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English en_US
topic	AGRICULTURE BINARY CHOICE COVARIANCE MATRIX CULTURAL CHANGE DEGREES OF FREEDOM DEVELOPMENT POLICY DISCUSSIONS DISEQUILIBRIUM ECONOMETRIC THEORY ECONOMETRICS ECONOMIC DEVELOPMENT ECONOMICS EMAIL ADDRESS ENDOGENOUS REGRESSORS ERROR ERROR TERM ERROR TERMS EXOGENOUS REGRESSORS FIXED EFFECTS FUTURE RESEARCH HYPOTHESIS TESTING IDEAS INCOME JOURNAL OF ECONOMETRICS LABOR SUPPLY LABOUR LIMITED DEPENDENT VARIABLES OPEN ACCESS PANEL DATA PANEL DATA MODELS PERIOD T PRIVATE SECTORS PRODUCTIVITY PRODUCTIVITY INCREASES QUASI MAXIMUM LIKELIHOOD QUASI MAXIMUM LIKELIHOOD ESTIMATOR RANDOM EFFECTS REGRESSION MODEL RESULT RESULTS SELECTION MODEL STANDARD ERRORS STEP ESTIMATOR TIME PERIOD TIME SERIES TRANSACTION VARIANCE-COVARIANCE MATRIX WAGE RATES
spellingShingle	AGRICULTURE BINARY CHOICE COVARIANCE MATRIX CULTURAL CHANGE DEGREES OF FREEDOM DEVELOPMENT POLICY DISCUSSIONS DISEQUILIBRIUM ECONOMETRIC THEORY ECONOMETRICS ECONOMIC DEVELOPMENT ECONOMICS EMAIL ADDRESS ENDOGENOUS REGRESSORS ERROR ERROR TERM ERROR TERMS EXOGENOUS REGRESSORS FIXED EFFECTS FUTURE RESEARCH HYPOTHESIS TESTING IDEAS INCOME JOURNAL OF ECONOMETRICS LABOR SUPPLY LABOUR LIMITED DEPENDENT VARIABLES OPEN ACCESS PANEL DATA PANEL DATA MODELS PERIOD T PRIVATE SECTORS PRODUCTIVITY PRODUCTIVITY INCREASES QUASI MAXIMUM LIKELIHOOD QUASI MAXIMUM LIKELIHOOD ESTIMATOR RANDOM EFFECTS REGRESSION MODEL RESULT RESULTS SELECTION MODEL STANDARD ERRORS STEP ESTIMATOR TIME PERIOD TIME SERIES TRANSACTION VARIANCE-COVARIANCE MATRIX WAGE RATES Woutersen, Tiemen Khandker, Shahidur R. Estimating the Effects of Credit Constraints on Productivity of Peruvian Agriculture
geographic_facet	Latin America & Caribbean Peru
relation	Policy Research Working Paper;No. 6658
description	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.
format	Publications & Research :: Policy Research Working Paper
author	Woutersen, Tiemen Khandker, Shahidur R.
author_facet	Woutersen, Tiemen Khandker, Shahidur R.
author_sort	Woutersen, Tiemen
title	Estimating the Effects of Credit Constraints on Productivity of Peruvian Agriculture
title_short	Estimating the Effects of Credit Constraints on Productivity of Peruvian Agriculture
title_full	Estimating the Effects of Credit Constraints on Productivity of Peruvian Agriculture
title_fullStr	Estimating the Effects of Credit Constraints on Productivity of Peruvian Agriculture
title_full_unstemmed	Estimating the Effects of Credit Constraints on Productivity of Peruvian Agriculture
title_sort	estimating the effects of credit constraints on productivity of peruvian agriculture
publisher	World Bank, Washington, DC
publishDate	2014
url	http://documents.worldbank.org/curated/en/2013/10/18405278/estimating-effects-credit-constraints-productivity-peruvian-agriculture http://hdl.handle.net/10986/16876
_version_	1764434779463221248

Estimating the Effects of Credit Constraints on Productivity of Peruvian Agriculture

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