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The Impact of Credit on Productivity and Growth of Rural Nonfarm Enterprises

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  • Lapar, Maria Lucila A.

Abstract

This study looks at the status of rural nonfarm enterprises (RNEs) in the Visayas area. Descriptive statistics indicate that majority of the RNEs are micro- and cottage-sized enterprises managed by the owner/operator only. Very few can be considered small-scale. Major activities undertaken are manufacturing, trading and services accounting for 31, 41 and 28 percent of the total RNEs surveyed.

Suggested Citation

  • Lapar, Maria Lucila A., 1994. "The Impact of Credit on Productivity and Growth of Rural Nonfarm Enterprises," Discussion Papers DP 1994-14, Philippine Institute for Development Studies.
    • Handle: RePEc:phd:dpaper:dp_1994-14
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    File URL: https://www.pids.gov.ph/publication/discussion-papers/the-impact-of-credit-on-productivity-and-growth-of-rural-nonfarm-enterprises
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    References listed on IDEAS

    as
    1. Gershon Feder & Lawrence J. Lau & Justin Y. Lin & Xiaopeng Luo, 1990. "The Relationship between Credit and Productivity in Chinese Agriculture: A Microeconomic Model of Disequilibrium," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 72(5), pages 1151-1157.
    2. Sial, Maqbool H. & Carter, Michael R., 1992. "Is Targeted Small Farm Credit Necessary? A Microeconometric Analysis of Capital Market Efficiency in the Punjab," Staff Papers 200562, University of Wisconsin-Madison, Department of Agricultural and Applied Economics.
    3. Carter, Michael R., 1989. "The impact of credit on peasant productivity and differentiation in Nicaragua," Journal of Development Economics, Elsevier, vol. 31(1), pages 13-36, July.
    4. Stiglitz, Joseph E & Weiss, Andrew, 1981. "Credit Rationing in Markets with Imperfect Information," American Economic Review, American Economic Association, vol. 71(3), pages 393-410, June.
    5. Feder, Gershon & Lau, Lawrence J. & Lin, Justin Y. & Xiaopeng Luo, 1991. "Credit's effect on productivity in Chinese agriculture : a microeconomic model of disequilibrium," Policy Research Working Paper Series 571, The World Bank.
    6. Adams, Dale W, 1988. "The Conundrum of Successful Credit Projects in Floundering Rural," Economic Development and Cultural Change, University of Chicago Press, vol. 36(2), pages 355-367, January.
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