Does access to agricultural credit help disaster-affected farming households to invest more on agricultural input?

IF 1.5 Q3 AGRICULTURAL ECONOMICS & POLICY

Agricultural Finance Review Pub Date : 2022-05-27 DOI:10.1108/afr-12-2021-0168

Masaood Moahid, Ghulam Dastgir Khan, M. A. Bari, Y. Yoshida

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引用次数: 1

Abstract

PurposeNatural calamities impair agricultural households' ability to invest in their farms. Facilitating access to agricultural credit may assist farmers in the face of negative revenue shocks. The aim of this study is to investigate the impact of agricultural credit on the agricultural input expenditure of disaster-affected farmers in Bangladesh.Design/methodology/approachThe study utilizes data on 2,519 disaster-affected farming households from Bangladesh's Household Income and Expenditure Study (HIES) 2016–2017, which employs a nationwide representative five-year interval survey. Further, propensity score matching (PSM) identification strategy is used to estimate the average treatment effect on the treated (ATET), and Mahalanobis distance matching (MDM) is used for the robustness test. In addition, heterogeneous analysis has been conducted to explore the impact of agricultural credit on different types of farming households.FindingsThe findings reveal that access to agricultural credit has a favorable and significant effect on farm input expenditure for disaster-affected farmers. Therefore, agricultural credit accessibility could be utilized as a policy tool to assist disaster-affected farmers in improving their investment capacity, and hence, agricultural output.Originality/valueThis study, using a quasi-experimental design of access to agricultural credit on agricultural input expenditures of the disaster-affected farming households in coastal areas of Bangladesh to estimate the causal effect.

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获得农业信贷是否有助于受灾农户在农业投入方面进行更多投资？

目的:自然灾害削弱了农户对农场的投资能力。促进获得农业信贷可能有助于农民面对负面的收入冲击。本研究的目的是调查农业信贷对孟加拉国受灾农民农业投入支出的影响。设计/方法/方法本研究利用了孟加拉国2016-2017年家庭收入和支出研究(HIES)中2519个受灾农户的数据，该研究采用了全国代表性的五年间隔调查。进一步，采用倾向得分匹配(PSM)识别策略估计平均治疗效果(ATET)，并采用马氏距离匹配(MDM)进行稳健性检验。此外，本文还进行了异质性分析，探讨了农业信贷对不同类型农户的影响。研究结果表明，获得农业信贷对受灾农民的农业投入支出具有有利且显著的影响。因此，农业信贷可获得性可以作为一种政策工具，帮助受灾农民提高投资能力，从而提高农业产量。原创性/价值本研究采用准实验设计，考察孟加拉国沿海地区受灾农户获得农业信贷对农业投入支出的影响，以估计因果关系。

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

Agricultural Finance Review AGRICULTURAL ECONOMICS & POLICY-

CiteScore

3.70

自引率

18.80%

发文量

期刊介绍： Agricultural Finance Review provides a rigorous forum for the publication of theory and empirical work related solely to issues in agricultural and agribusiness finance. Contributions come from academic and industry experts across the world and address a wide range of topics including: Agricultural finance, Agricultural policy related to agricultural finance and risk issues, Agricultural lending and credit issues, Farm credit, Businesses and financial risks affecting agriculture and agribusiness, Agricultural policies affecting farm or agribusiness risks and profitability, Risk management strategies including the use of futures and options, Rural credit in developing economies, Microfinance and microcredit applied to agriculture and rural development, Financial efficiency, Agriculture insurance and reinsurance. Agricultural Finance Review is committed to research addressing (1) factors affecting or influencing the financing of agriculture and agribusiness in both developed and developing nations; (2) the broadest aspect of risk assessment and risk management strategies affecting agriculture; and (3) government policies affecting farm profitability, liquidity, and access to credit.