| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w20387 |
| 来源ID | Working Paper 20387 |
| Selection into Credit Markets: Evidence from Agriculture in Mali | |
| Lori Beaman; Dean Karlan; Bram Thuysbaert; Christopher Udry | |
| 发表日期 | 2014-08-21 |
| 出版年 | 2014 |
| 语种 | 英语 |
| 摘要 | We examine whether returns to capital are higher for farmers who borrow than for those who do not, a direct implication of many credit market models. We measure the difference in returns through a two-stage loan and grant experiment. We find large positive investment responses and returns to grants for a random (representative) sample of farmers, showing that liquidity constraints bind. However, we find zero returns to grants for a sample of farmers who endogenously did not borrow. Thus we find important heterogeneity, even conditional on a wide range of observed characteristics, which has critical implications for theory and policy. |
| 主题 | Microeconomics ; Households and Firms ; Behavioral Economics ; Development and Growth ; Development ; Environmental and Resource Economics ; Agriculture |
| URL | https://www.nber.org/papers/w20387 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/578061 |
| 推荐引用方式 GB/T 7714 | Lori Beaman,Dean Karlan,Bram Thuysbaert,et al. Selection into Credit Markets: Evidence from Agriculture in Mali. 2014. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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