Assessing fish farm economic performance and access to financial services nexus: Empirical evidence from Ghana

IF 3.8 2区 经济学 Q1 AGRICULTURAL ECONOMICS & POLICY
Martinson Ankrah Twumasi, Dennis Asante, I. Asante, B. Addai, Yuansheng Jiang
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引用次数: 4

Abstract

Abstract This study assesses the factors influencing of access to financial services (AFS) and its impact on fish farm economic performance by employing a multiple-stage random sampling approach to sample 131 fish farms from two regions in Ghana. We accounted for the selection bias issue using the endogenous treatment regression model. The results reveal that factors such asgender, education, fish farm size, asset ownership, off-farm work, and distance influence farmers' access to financial services. The result also showed that AFS improves fish farm economic performance. Moreover, we observe that female farmers and high-income households with access to financial services have higher fish yields and net returns than their counterparts. The study’s findings have provided evidence that AFS can be a transmission route in the efforts to enhance aquaculture development in the nation. Our results serve as a call to the government and policymakers to provide strategies and methods to make financial services accessibility easy and straightforward.
评估养鱼场经济绩效和获得金融服务的联系:来自加纳的经验证据
摘要本研究采用多阶段随机抽样方法,对加纳两个地区的131个渔场进行了抽样,评估了影响获得金融服务的因素及其对渔场经济绩效的影响。我们使用内生治疗回归模型解释了选择偏差问题。研究结果表明,性别、教育程度、渔场规模、资产所有权、非农工作和距离等因素会影响农民获得金融服务的机会。结果还表明,AFS提高了养鱼场的经济效益。此外,我们观察到,有机会获得金融服务的女性农民和高收入家庭的鱼类产量和净回报率高于同行。这项研究的发现提供了证据,证明AFS可以成为促进该国水产养殖发展的一种传播途径。我们的研究结果呼吁政府和政策制定者提供战略和方法,使金融服务变得简单明了。
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来源期刊
CiteScore
7.30
自引率
17.90%
发文量
21
期刊介绍: Aquaculture Economics and Management is a peer-reviewed, international journal which aims to encourage the application of economic analysis to the management, modeling, and planning of aquaculture in public and private sectors. The journal publishes original, high quality papers related to all aspects of aquaculture economics and management including aquaculture production and farm management, innovation and technology adoption, processing and distribution, marketing, consumer behavior and pricing, international trade, policy analysis, and the role of aquaculture in food security, livelihoods, and environmental management. Papers are peer reviewed and evaluated for their scientific merits and contributions.
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