Impact of Access to Credit on Agricultural Productivity: Evidence from Smallholder Cassava Farmers in Nigeria

B.A. Awotide, Tahirou Abdoulaye, Arega Alene and Victor M. Manyong

No 210969, 2015 Conference, August 9-14, 2015, Milan, Italy from International Association of Agricultural Economists

Abstract: This study examines the impact of access to credit on agricultural productivity in Nigeria using the Endogenous Switching Regression Model (ESRM)). The first stage of the ESRM reveals that total livestock unit and farm size are positive and statistically significant in determining the farmers’ access to credit. The second stage reveals that total livestock unit and farm size are negative and statistically significant in explaining the variations in cassava productivity among the farmers that have access to credit, while household size, farm size, and access to information assets are negative and statistically significant in explaining the variation in cassava productivity among the farmers without access to credit. Access to credit has a significant positive impact on cassava productivity. Thus, credit institutions should consider boosting their credit services to rural farming households in order to guarantee that more households benefit from it.

Keywords: Agricultural and Food Policy; Agricultural Finance (search for similar items in EconPapers)
Pages: 34
Date: 2015
New Economics Papers: this item is included in nep-agr, nep-eff and nep-mfd
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (34)

Downloads: (external link)
https://ageconsearch.umn.edu/record/210969/files/A ... 0Productivity-71.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:iaae15:210969

DOI: 10.22004/ag.econ.210969

Access Statistics for this paper

More papers in 2015 Conference, August 9-14, 2015, Milan, Italy from International Association of Agricultural Economists Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().