Off-Farm Employment and Agricultural Credit Fungibility Nexus in Rural Ghana

Martinson Ankrah Twumasi, Abbas Ali Chandio, Ghulam Raza Sargani, Isaac Asare and Huaquan Zhang
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Martinson Ankrah Twumasi: College of Economics, Sichuan Agricultural University, Chengdu 611130, China
Abbas Ali Chandio: College of Economics, Sichuan Agricultural University, Chengdu 611130, China
Ghulam Raza Sargani: College of Economics, Sichuan Agricultural University, Chengdu 611130, China
Isaac Asare: College of Management, Sichuan Agricultural University, Chengdu 611130, China
Huaquan Zhang: College of Economics, Sichuan Agricultural University, Chengdu 611130, China

Sustainability, 2022, vol. 14, issue 15, 1-15

Abstract: This study examined the impact of off-farm employment on rural household agriculture credit fungibility (CF) using survey data collected from four regions in Ghana; however, the study paid more attention to agriculture credit received from different sources. By employing the endogenous switching regression (ESR) model, we solved the endogenous issue of off-farm employment. The econometrics model result revealed that off-farm employment negatively influences the household’s probability of practicing agriculture CF. Our results discovered the importance of off-farm employment on agriculture CF and recommended policy implications capable of alleviating agriculture CF.

Keywords: agriculture credit fungibility; farm investment; endogenous switching regression; rural farm households; Ghana (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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