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Peasant Productivity And Differentiation: A Microeconometric Analysis Of The Impact Of Small Farm Credit In Nicaragua

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  • Carter, Michael R.

Abstract

An endogenous switching regressions framework is used to structure and identify the impact of credit on small farm food production in Nicaragua. The results which emerge suggest that credit had a positive impact on production. However, the estimated impact is of a form which implies a process of peasant differentiation and unequal growth in the wake of the new opportunities afforded by credit.

Suggested Citation

  • Carter, Michael R., 1986. "Peasant Productivity And Differentiation: A Microeconometric Analysis Of The Impact Of Small Farm Credit In Nicaragua," 1986 Annual Meeting, July 27-30, Reno, Nevada 278458, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea86:278458
    DOI: 10.22004/ag.econ.278458
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    File URL: https://ageconsearch.umn.edu/record/278458/files/aaea-1986-161.pdf
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    References listed on IDEAS

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    1. Fuss, Melvyn & McFadden, Daniel & Mundlak, Yair, 1978. "A Survey of Functional Forms in the Economic Analysis of Production," Histoy of Economic Thought Chapters, in: Fuss, Melvyn & McFadden, Daniel (ed.),Production Economics: A Dual Approach to Theory and Applications, volume 1, chapter 4, McMaster University Archive for the History of Economic Thought.
    2. Nelson, Forrest D., 1984. "Efficiency of the two-step estimator for models with endogenous sample selection," Journal of Econometrics, Elsevier, vol. 24(1-2), pages 181-196.
    3. Fuss, Melvyn & McFadden, Daniel, 1978. "Production Economics: A Dual Approach to Theory and Applications (I): The Theory of Production," History of Economic Thought Books, McMaster University Archive for the History of Economic Thought, volume 1, number fuss1978.
    4. Putterman, Louis, 1983. "A modified collective agriculture in rural growth-with-equity: Reconsidering the private, unimodal solution," World Development, Elsevier, vol. 11(2), pages 77-100, February.
    5. Fuss, Melvyn & McFadden, Daniel, 1978. "Production Economics: A Dual Approach to Theory and Applications (II): Applications of the Theory of Production," History of Economic Thought Books, McMaster University Archive for the History of Economic Thought, volume 2, number fuss1978a.
    6. Fuss, Melvyn & McFadden, Daniel (ed.), 1978. "Production Economics: A Dual Approach to Theory and Applications," Elsevier Monographs, Elsevier, edition 1, number 9780444850133.
    7. Feder, Gershon, 1985. "The relation between farm size and farm productivity : The role of family labor, supervision and credit constraints," Journal of Development Economics, Elsevier, vol. 18(2-3), pages 297-313, August.
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