Micro-lending for small farmers in Bangladesh: does it affect farm households' land allocation decision?

It has been long hypothesized that lack of access to credit is the main reason why, despite higher profitability of High Yielding Varieties (HYVs), farmers in developing countries continue to allocate a portion of their land to traditional crop varieties. The empirical testing of this hypothesis has...

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Main Authors: Rashid, Shahidur, Sharma, Manohar, Zeller, Manfred
Format: Artículo preliminar
Language:Inglés
Published: International Food Policy Research Institute 2002
Subjects:
Online Access:https://hdl.handle.net/10568/156205
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author Rashid, Shahidur
Sharma, Manohar
Zeller, Manfred
author_browse Rashid, Shahidur
Sharma, Manohar
Zeller, Manfred
author_facet Rashid, Shahidur
Sharma, Manohar
Zeller, Manfred
author_sort Rashid, Shahidur
collection Repository of Agricultural Research Outputs (CGSpace)
description It has been long hypothesized that lack of access to credit is the main reason why, despite higher profitability of High Yielding Varieties (HYVs), farmers in developing countries continue to allocate a portion of their land to traditional crop varieties. The empirical testing of this hypothesis has generated a large body of literature with differing conclusions. This paper re-examines the issue in the context of a specially designed group-based lending program for small farmers in Bangladesh, who neither have access to formal sources of credit nor do they qualify to become members of other micro-credit organizations. Two measures of access to credit, credit limit and amount borrowed at a given point in time, are used to analyze the determinants of farm households' land allocation decision. Under a variety of model specifications, formulated within Heckman's two-step method, the results show that credit limits from the lending programs and informal sources are significant determinants of small farmers' decision to cultivate HYV. -- Authors' abstract.It has been long hypothesized that lack of access to credit is the main reason why, despite higher profitability of High Yielding Varieties (HYVs), farmers in developing countries continue to allocate a portion of their land to traditional crop varieties. The empirical testing of this hypothesis has generated a large body of literature with differing conclusions. This paper re-examines the issue in the context of a specially designed group-based lending program for small farmers in Bangladesh, who neither have access to formal sources of credit nor do they qualify to become members of other micro-credit organizations. Two measures of access to credit, credit limit and amount borrowed at a given point in time, are used to analyze the determinants of farm households' land allocation decision. Under a variety of model specifications, formulated within Heckman's two-step method, the results show that credit limits from the lending programs and informal sources are significant determinants of small farmers' decision to cultivate HYV. -- Authors' abstract.
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spelling CGSpace1562052025-11-06T06:04:51Z Micro-lending for small farmers in Bangladesh: does it affect farm households' land allocation decision? Rashid, Shahidur Sharma, Manohar Zeller, Manfred microfinance credit smallholders land use economic aspects households micro-credit land allocation small farms resource allocation high-yielding varieties impact assessment decision making It has been long hypothesized that lack of access to credit is the main reason why, despite higher profitability of High Yielding Varieties (HYVs), farmers in developing countries continue to allocate a portion of their land to traditional crop varieties. The empirical testing of this hypothesis has generated a large body of literature with differing conclusions. This paper re-examines the issue in the context of a specially designed group-based lending program for small farmers in Bangladesh, who neither have access to formal sources of credit nor do they qualify to become members of other micro-credit organizations. Two measures of access to credit, credit limit and amount borrowed at a given point in time, are used to analyze the determinants of farm households' land allocation decision. Under a variety of model specifications, formulated within Heckman's two-step method, the results show that credit limits from the lending programs and informal sources are significant determinants of small farmers' decision to cultivate HYV. -- Authors' abstract.It has been long hypothesized that lack of access to credit is the main reason why, despite higher profitability of High Yielding Varieties (HYVs), farmers in developing countries continue to allocate a portion of their land to traditional crop varieties. The empirical testing of this hypothesis has generated a large body of literature with differing conclusions. This paper re-examines the issue in the context of a specially designed group-based lending program for small farmers in Bangladesh, who neither have access to formal sources of credit nor do they qualify to become members of other micro-credit organizations. Two measures of access to credit, credit limit and amount borrowed at a given point in time, are used to analyze the determinants of farm households' land allocation decision. Under a variety of model specifications, formulated within Heckman's two-step method, the results show that credit limits from the lending programs and informal sources are significant determinants of small farmers' decision to cultivate HYV. -- Authors' abstract. 2002 2024-10-24T12:43:28Z 2024-10-24T12:43:28Z Working Paper https://hdl.handle.net/10568/156205 en Open Access application/pdf International Food Policy Research Institute Rashid, Shahidur; Sharma, Manohar; Zeller, Manfred. 2002. Micro-lending for small farmers in Bangladesh: does it affect farm households' land allocation decision? MTID Discussion Paper 45. https://hdl.handle.net/10568/156205
spellingShingle microfinance
credit
smallholders
land use
economic aspects
households
micro-credit
land allocation
small farms
resource allocation
high-yielding varieties
impact assessment
decision making
Rashid, Shahidur
Sharma, Manohar
Zeller, Manfred
Micro-lending for small farmers in Bangladesh: does it affect farm households' land allocation decision?
title Micro-lending for small farmers in Bangladesh: does it affect farm households' land allocation decision?
title_full Micro-lending for small farmers in Bangladesh: does it affect farm households' land allocation decision?
title_fullStr Micro-lending for small farmers in Bangladesh: does it affect farm households' land allocation decision?
title_full_unstemmed Micro-lending for small farmers in Bangladesh: does it affect farm households' land allocation decision?
title_short Micro-lending for small farmers in Bangladesh: does it affect farm households' land allocation decision?
title_sort micro lending for small farmers in bangladesh does it affect farm households land allocation decision
topic microfinance
credit
smallholders
land use
economic aspects
households
micro-credit
land allocation
small farms
resource allocation
high-yielding varieties
impact assessment
decision making
url https://hdl.handle.net/10568/156205
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AT sharmamanohar microlendingforsmallfarmersinbangladeshdoesitaffectfarmhouseholdslandallocationdecision
AT zellermanfred microlendingforsmallfarmersinbangladeshdoesitaffectfarmhouseholdslandallocationdecision