Impact of agricultural credit on productivity, cost and returns from cocoa production in Ghana
This study identified the determinants of cocoa farmers’ access to credit in Ghana and estimated the impact of credit access on yield, yield gap, gross income, cost of production, and net income using propensity score matching. A total of 384 cocoa-farming households were included in the analysis. O...
| Autores principales: | , , , , , , , |
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| Formato: | Journal Article |
| Lenguaje: | Inglés |
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Informa UK Limited
2024
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| Acceso en línea: | https://hdl.handle.net/10568/173710 |
| _version_ | 1855541628223094784 |
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| author | Boansi, David Gyasi, Michael Nuamah, Stephen Tham-Agyekum, Enoch Kwame Anyuki, Fred Frimpong, Richmond Gbafah, Albert Gyan, Charles Bosompem |
| author_browse | Anyuki, Fred Boansi, David Frimpong, Richmond Gbafah, Albert Gyan, Charles Bosompem Gyasi, Michael Nuamah, Stephen Tham-Agyekum, Enoch Kwame |
| author_facet | Boansi, David Gyasi, Michael Nuamah, Stephen Tham-Agyekum, Enoch Kwame Anyuki, Fred Frimpong, Richmond Gbafah, Albert Gyan, Charles Bosompem |
| author_sort | Boansi, David |
| collection | Repository of Agricultural Research Outputs (CGSpace) |
| description | This study identified the determinants of cocoa farmers’ access to credit in Ghana and estimated the impact of credit access on yield, yield gap, gross income, cost of production, and net income using propensity score matching. A total of 384 cocoa-farming households were included in the analysis. Only 33.3% of cocoa farmers accessed credit for production and cooperative unions were the main source of credit accessed by the farmers. The study finds significant positive impacts of agricultural credit on yield, gross income, and net income, while yield gap decreases significantly (by 12.2–16.7%) with access to credit. Policy efforts to improve cocoa farmers’ access to credit could therefore enhance the productivity and profitability of cocoa production. It was found that male-headed households with access to credit derive greater benefits than their female counterparts. This may be attributed to differences in resource endowments and marginalization (between male and female heads). In addition, it was found that with access to credit, cultivating more than one cocoa farm could make cocoa production more productive and profitable. This indicates more efficient and profitable use of credit on fragmented farms, than on non-fragmented farms. However, under credit constraint, the practice of land fragmentation could be counterproductive. |
| format | Journal Article |
| id | CGSpace173710 |
| institution | CGIAR Consortium |
| language | Inglés |
| publishDate | 2024 |
| publishDateRange | 2024 |
| publishDateSort | 2024 |
| publisher | Informa UK Limited |
| publisherStr | Informa UK Limited |
| record_format | dspace |
| spelling | CGSpace1737102025-11-11T19:08:05Z Impact of agricultural credit on productivity, cost and returns from cocoa production in Ghana Boansi, David Gyasi, Michael Nuamah, Stephen Tham-Agyekum, Enoch Kwame Anyuki, Fred Frimpong, Richmond Gbafah, Albert Gyan, Charles Bosompem economics performance assessment credit impact propensity score matching microeconomics This study identified the determinants of cocoa farmers’ access to credit in Ghana and estimated the impact of credit access on yield, yield gap, gross income, cost of production, and net income using propensity score matching. A total of 384 cocoa-farming households were included in the analysis. Only 33.3% of cocoa farmers accessed credit for production and cooperative unions were the main source of credit accessed by the farmers. The study finds significant positive impacts of agricultural credit on yield, gross income, and net income, while yield gap decreases significantly (by 12.2–16.7%) with access to credit. Policy efforts to improve cocoa farmers’ access to credit could therefore enhance the productivity and profitability of cocoa production. It was found that male-headed households with access to credit derive greater benefits than their female counterparts. This may be attributed to differences in resource endowments and marginalization (between male and female heads). In addition, it was found that with access to credit, cultivating more than one cocoa farm could make cocoa production more productive and profitable. This indicates more efficient and profitable use of credit on fragmented farms, than on non-fragmented farms. However, under credit constraint, the practice of land fragmentation could be counterproductive. 2024-12-31 2025-03-19T09:44:26Z 2025-03-19T09:44:26Z Journal Article https://hdl.handle.net/10568/173710 en Open Access application/pdf Informa UK Limited Boansi, D.; Gyasi, M.; Nuamah, S.; Tham-Agyekum, E.K.; Anyuki, F.; Frimpong, R.; Gbafah, A.; Gyan, C.B. (2024) Impact of agricultural credit on productivity, cost and returns from cocoa production in Ghana. Cogent Economics & Finance 12(1): 2402035. ISSN: 2332-2039 |
| spellingShingle | economics performance assessment credit impact propensity score matching microeconomics Boansi, David Gyasi, Michael Nuamah, Stephen Tham-Agyekum, Enoch Kwame Anyuki, Fred Frimpong, Richmond Gbafah, Albert Gyan, Charles Bosompem Impact of agricultural credit on productivity, cost and returns from cocoa production in Ghana |
| title | Impact of agricultural credit on productivity, cost and returns from cocoa production in Ghana |
| title_full | Impact of agricultural credit on productivity, cost and returns from cocoa production in Ghana |
| title_fullStr | Impact of agricultural credit on productivity, cost and returns from cocoa production in Ghana |
| title_full_unstemmed | Impact of agricultural credit on productivity, cost and returns from cocoa production in Ghana |
| title_short | Impact of agricultural credit on productivity, cost and returns from cocoa production in Ghana |
| title_sort | impact of agricultural credit on productivity cost and returns from cocoa production in ghana |
| topic | economics performance assessment credit impact propensity score matching microeconomics |
| url | https://hdl.handle.net/10568/173710 |
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