Full Text Available
Note: Clicking the button above will open the full text document at the original institutional repository in a new window.
The impact of credit constraints on agricultural productivity in Tanzania
This paper uses a nationally representative sample of agricultural businesses in Tanzania to empirically investigate the determinants of credit constraint status and its impact on agricultural productivity. In particular, we directly elicit the nature of the credit constraints experienced by crop pr...
Saved in:
| Main Author: | |
|---|---|
| Other Authors: | |
| Format: | Thesis |
| Language: | English |
| Published: |
GSB: Faculty
2016
|
| Subjects: | |
| Tags: |
No Tags, Be the first to tag this record!
|
| _version_ | 1867613228079513600 |
|---|---|
| access_status_str | Open Access |
| author | Msulwa, Baraka |
| author2 | Abor, Joshua |
| author_browse | Abor, Joshua Msulwa, Baraka |
| author_facet | Abor, Joshua Msulwa, Baraka |
| author_sort | Msulwa, Baraka |
| collection | Thesis |
| description | This paper uses a nationally representative sample of agricultural businesses in Tanzania to empirically investigate the determinants of credit constraint status and its impact on agricultural productivity. In particular, we directly elicit the nature of the credit constraints experienced by crop producers. Subsequently, we evaluate the effect on crop output value per hectare using an endogenous switching regression model, which simultaneously estimates the likelihood of being credit constrained and its impact on productivity. The results provide evidence that the relaxation of all credit constraints would significantly enhance agricultural productivity; hence, contributing favourably to rural development, poverty alleviation, and the improvement of living standards in Tanzania. Moreover, consideration of only quantity constraints was shown to underestimate the full impact of credit constraint status in the presence of transaction costs and risk constraints. We advocate for the Tanzanian agricultural policy framework to adopt a broader definition of credit constraint status in pursuit of agricultural and economic development. |
| format | Thesis |
| id | oai:open.uct.ac.za:11427/20085 |
| institution | University of Cape Town (South Africa) |
| language | eng |
| last_indexed | 2026-06-10T12:32:47.627Z |
| license_str | Not specified — see source repository |
| provenance_str_mv | Harvested via OAI-PMH from UCTD — University of Cape Town Open Access Repository |
| publishDate | 2016 |
| publishDateRange | 2016 |
| publishDateSort | 2016 |
| publisher | GSB: Faculty |
| publisherStr | GSB: Faculty |
| record_format | dspace |
| source_str | UCTD — University of Cape Town Open Access Repository |
| spelling | oai:open.uct.ac.za:11427/20085 The impact of credit constraints on agricultural productivity in Tanzania Msulwa, Baraka Abor, Joshua Biekpe, Nicholas Development Finance This paper uses a nationally representative sample of agricultural businesses in Tanzania to empirically investigate the determinants of credit constraint status and its impact on agricultural productivity. In particular, we directly elicit the nature of the credit constraints experienced by crop producers. Subsequently, we evaluate the effect on crop output value per hectare using an endogenous switching regression model, which simultaneously estimates the likelihood of being credit constrained and its impact on productivity. The results provide evidence that the relaxation of all credit constraints would significantly enhance agricultural productivity; hence, contributing favourably to rural development, poverty alleviation, and the improvement of living standards in Tanzania. Moreover, consideration of only quantity constraints was shown to underestimate the full impact of credit constraint status in the presence of transaction costs and risk constraints. We advocate for the Tanzanian agricultural policy framework to adopt a broader definition of credit constraint status in pursuit of agricultural and economic development. 2016-06-22T08:55:16Z 2016-06-22T08:55:16Z 2015 Master Thesis Masters MCom http://hdl.handle.net/11427/20085 eng application/pdf GSB: Faculty Faculty of Commerce University of Cape Town |
| spellingShingle | Development Finance Msulwa, Baraka The impact of credit constraints on agricultural productivity in Tanzania |
| thesis_degree_str | Master's |
| title | The impact of credit constraints on agricultural productivity in Tanzania |
| title_full | The impact of credit constraints on agricultural productivity in Tanzania |
| title_fullStr | The impact of credit constraints on agricultural productivity in Tanzania |
| title_full_unstemmed | The impact of credit constraints on agricultural productivity in Tanzania |
| title_short | The impact of credit constraints on agricultural productivity in Tanzania |
| title_sort | impact of credit constraints on agricultural productivity in tanzania |
| topic | Development Finance |
| url | http://hdl.handle.net/11427/20085 |
| work_keys_str_mv | AT msulwabaraka theimpactofcreditconstraintsonagriculturalproductivityintanzania AT msulwabaraka impactofcreditconstraintsonagriculturalproductivityintanzania |