Agricultural Input Credit in Sub-Saharan Africa : Telling Myth from Facts

Agricultural Input Credit in Sub-Saharan Africa : Telling Myth from Facts

Recent evidence shows that many Sub-Saharan African farmers use modern inputs, but there is limited information on how these inputs are financed. We use recent nationally representative data from four countries to explore input financing and the role of credit therein. A number of our results contra...

Full description

Bibliographic Details
Main Authors: Adjognon, Serge G., Liverpool-Tasie, Lenis Saweda O., Reardon, Thomas A.
Format: Journal Article
Published: Elsevier 2018
Subjects:
FARM INPUTS
CREDIT
NONFARM EMPLOYMENT
RURAL NONFARM EARNINGS
AGRICULTURE
Online Access:http://hdl.handle.net/10986/29153
id okr-10986-29153
recordtype oai_dc
spelling okr-10986-291532021-05-25T10:54:42Z Agricultural Input Credit in Sub-Saharan Africa : Telling Myth from Facts Adjognon, Serge G. Liverpool-Tasie, Lenis Saweda O. Reardon, Thomas A. FARM INPUTS CREDIT NONFARM EMPLOYMENT RURAL NONFARM EARNINGS AGRICULTURE Recent evidence shows that many Sub-Saharan African farmers use modern inputs, but there is limited information on how these inputs are financed. We use recent nationally representative data from four countries to explore input financing and the role of credit therein. A number of our results contradict “conventional wisdom” found in the literature. Our results consistently show that traditional credit use, formal or informal, is extremely low (across credit type, country, crop and farm size categories). Instead, farmers primarily finance modern input purchases with cash from nonfarm activities and crop sales. Tied output-labor arrangements (which have received little empirical treatment in the literature) appear to be the only form of credit relatively widely used for farming. 2018-01-12T20:24:01Z 2018-01-12T20:24:01Z 2017-02 Journal Article Food Policy 0306-9192 http://hdl.handle.net/10986/29153 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Elsevier Publications & Research :: Journal Article Publications & Research Africa Sub-Saharan Africa
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
topic FARM INPUTS
CREDIT
NONFARM EMPLOYMENT
RURAL NONFARM EARNINGS
AGRICULTURE
spellingShingle FARM INPUTS
CREDIT
NONFARM EMPLOYMENT
RURAL NONFARM EARNINGS
AGRICULTURE
Adjognon, Serge G.
Liverpool-Tasie, Lenis Saweda O.
Reardon, Thomas A.
Agricultural Input Credit in Sub-Saharan Africa : Telling Myth from Facts
geographic_facet Africa
Sub-Saharan Africa
description Recent evidence shows that many Sub-Saharan African farmers use modern inputs, but there is limited information on how these inputs are financed. We use recent nationally representative data from four countries to explore input financing and the role of credit therein. A number of our results contradict “conventional wisdom” found in the literature. Our results consistently show that traditional credit use, formal or informal, is extremely low (across credit type, country, crop and farm size categories). Instead, farmers primarily finance modern input purchases with cash from nonfarm activities and crop sales. Tied output-labor arrangements (which have received little empirical treatment in the literature) appear to be the only form of credit relatively widely used for farming.
format Journal Article
author Adjognon, Serge G.
Liverpool-Tasie, Lenis Saweda O.
Reardon, Thomas A.
author_facet Adjognon, Serge G.
Liverpool-Tasie, Lenis Saweda O.
Reardon, Thomas A.
author_sort Adjognon, Serge G.
title Agricultural Input Credit in Sub-Saharan Africa : Telling Myth from Facts
title_short Agricultural Input Credit in Sub-Saharan Africa : Telling Myth from Facts
title_full Agricultural Input Credit in Sub-Saharan Africa : Telling Myth from Facts
title_fullStr Agricultural Input Credit in Sub-Saharan Africa : Telling Myth from Facts
title_full_unstemmed Agricultural Input Credit in Sub-Saharan Africa : Telling Myth from Facts
title_sort agricultural input credit in sub-saharan africa : telling myth from facts
publisher Elsevier
publishDate 2018
url http://hdl.handle.net/10986/29153
_version_ 1764468627498598400

Similar Items