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The effects of a fertilizer loan on dry-season rice cultivated areas in Laos

Phinseng Channgakham ()
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Phinseng Channgakham: International Graduate School of Social Sciences, Yokohama National University

Economics Bulletin, 2006, vol. 15, issue 12, 1-8

Abstract: This study estimates the effects of agricultural credit, especially a fertilizer loan, by utilizing original survey data collected before and after the policy change. We apply the fixed-effects method to account for the endogeneity that occurs when the farmer-specific unobserved heterogeneity correlates with the amount of loan. The result indicates that the quantitative effects of a fertilizer loan on dry-season rice cultivated areas (DRCAs) are small. This suggests that the elimination of the fertilizer loan may have little effect on DRCAs.

JEL-codes: O1 Q1 (search for similar items in EconPapers)
Date: 2006-09-29
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Citations: View citations in EconPapers (1)

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