Credit Constraints and Agricultural Productivity : Evidence from Rural Rwanda

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...

Full description

Bibliographic Details
Main Authors: Ali, Daniel Ayalew, Deininger, Klaus, Duponchel, Marguerite
Format: Journal Article
Language:en_US
Published: Taylor and Francis 2014
Subjects:
Online Access:http://hdl.handle.net/10986/18084
id okr-10986-18084
recordtype oai_dc
spelling okr-10986-180842021-04-23T14:03:41Z Credit Constraints and Agricultural Productivity : Evidence from Rural Rwanda Ali, Daniel Ayalew Deininger, Klaus Duponchel, Marguerite credit rationing credit constraints input intensity agricultural productivity 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. 2014-04-28T14:25:54Z 2014-04-28T14:25:54Z 2014-02-20 Journal Article Journal of Development Studies 0022-0388 10.1080/00220388.2014.887687 http://hdl.handle.net/10986/18084 en_US CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank Taylor and Francis Publications & Research :: Journal Article Africa Rwanda
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language en_US
topic credit rationing
credit constraints
input intensity
agricultural productivity
spellingShingle credit rationing
credit constraints
input intensity
agricultural productivity
Ali, Daniel Ayalew
Deininger, Klaus
Duponchel, Marguerite
Credit Constraints and Agricultural Productivity : Evidence from Rural Rwanda
geographic_facet Africa
Rwanda
description 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.
format Journal Article
author Ali, Daniel Ayalew
Deininger, Klaus
Duponchel, Marguerite
author_facet Ali, Daniel Ayalew
Deininger, Klaus
Duponchel, Marguerite
author_sort Ali, Daniel Ayalew
title Credit Constraints and Agricultural Productivity : Evidence from Rural Rwanda
title_short Credit Constraints and Agricultural Productivity : Evidence from Rural Rwanda
title_full Credit Constraints and Agricultural Productivity : Evidence from Rural Rwanda
title_fullStr Credit Constraints and Agricultural Productivity : Evidence from Rural Rwanda
title_full_unstemmed Credit Constraints and Agricultural Productivity : Evidence from Rural Rwanda
title_sort credit constraints and agricultural productivity : evidence from rural rwanda
publisher Taylor and Francis
publishDate 2014
url http://hdl.handle.net/10986/18084
_version_ 1764438832298590208