The Deadly Cost of Informal Lending: An Economic Model of Agrarian Suicide in Punjab

IF 1.3 Q1 AREA STUDIES

Millennial Asia Pub Date : 2023-08-09 DOI:10.1177/09763996231180145

Daniel K. N. Johnson, Lakhwinder Singh, K. Bhangoo, T. Qin

引用次数: 0

Abstract

The Indian state of Punjab, which initially benefited greatly from the green revolution, has suffered from a dramatic rise in agrarian suicides for several decades. We use a carefully constructed sample of over 1,000 farmers in the epicentre, and build a three-stage model of agricultural production decisions across multiple input and multiple output choices, indebtedness from multiple sources and suicide via an IPWRA (inverse probability weighted regression adjustment) treatment model to trace the potential roots of the situation. Results show that the use of informal credit from commission agents by farmers accounts for 10 percentage points (or 20%) of all suicides in our sample, regardless of other household factors and choices.

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非正式借贷的致命成本:旁遮普农业自杀的经济模型

印度旁遮普邦最初从绿色革命中受益匪浅，但几十年来，农业自杀率急剧上升。我们使用了一个精心构建的震中1000多名农民的样本，并通过IPWRA（逆概率加权回归调整）处理模型建立了一个跨多投入和多产出选择、多来源负债和自杀的农业生产决策三阶段模型，以追踪这种情况的潜在根源。结果显示，在我们的样本中，无论其他家庭因素和选择如何，农民使用佣金代理的非正式信贷占所有自杀人数的10个百分点（或20%）。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Millennial Asia AREA STUDIES-

CiteScore

4.50

自引率

12.50%

发文量

期刊介绍： Millennial Asia: An International Journal of Asian Studies is a multidisciplinary, refereed biannual journal of the Association of Asia Scholars (AAS)–an association of the alumni of the Asian Scholarship Foundation (ASF). It aims to encourage multifaceted, multidisciplinary and interdisciplinary research on Asia, in order to understand its fast changing context as a growth pole of global economy. By providing a forum for Asian scholars situated globally, it promotes dialogue between the global academic community, civil society and policy makers on Asian issues. The journal examines Asia on a regional and comparative basis, emphasizing patterns and tendencies that go beyond national borders and are globally relevant. Modern and contemporary Asia has witnessed dynamic transformations in cultures, societies, economies and political institutions, among others. It confronts issues of collective identity formation, ecological crisis, rapid economic change and resurgence of religion and communal identifies while embracing globalization. An analysis of past experiences can help produce a deeper understanding of contemporary change. In particular, the journal is interested in locating contemporary changes within a historical perspective, through the use of interdisciplinary and multidisciplinary approaches. This way, it hopes to promote comparative studies involving Asia’s various regions. The journal brings out both thematic and general issues and the thrust areas are: Asian integration, Asian economies, sociology, culture, politics, governance, security, development issues, arts and literature and any other such issue as the editorial board may deem fit. The core fields include development encompassing agriculture, industry, regional trade, social sectors like health and education and development policy across the region and in specific countries in a comparative perspective.