政府信贷在提高农业生产力中的作用:来自智利的证据

IF 4.7 2区 经济学 Q1 ECONOMICS
Ricardo Andrés Troncoso Sepúlveda , José María Gil Roig
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引用次数: 0

摘要

本研究调查了公共农业信贷对要素错配和生产率的影响,解决了关于发展中国家资本市场扭曲的文献空白。虽然现有的研究强调土地市场的不完善,但对信贷在形成投入分配和产出方面的作用知之甚少。该分析采用校准均衡模型和因果推理方法,使用具有全国代表性的农业普查微观数据。研究结果表明,获得信贷主要通过缓解资本市场扭曲,将效率差距缩小了26%。在生产力较低的农场中,这种影响更强,当土地市场摩擦消除时,这种影响会增强。研究结果强调了信贷在提高配置效率方面的结构性重要性,并揭示了生产率分布中政策影响的异质性。有证据表明,当土地市场机构发挥作用时,信贷干预更为有效,这突出表明需要制定综合政策以提高农村经济的生产力。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
The role of government credit in enhancing agricultural productivity: Evidence from Chile
This study investigates the impact of public agricultural credit on factor misallocation and productivity, addressing a gap in the literature on capital market distortions in developing countries. While existing research emphasizes land market imperfections, little is known about the role of credit in shaping input allocation and output. The analysis applies a calibrated equilibrium model and causal inference methods using nationally representative agricultural census microdata. Findings show that access to credit reduces the efficiency gap by up to 26 %, mainly by alleviating capital market distortions. Effects are stronger among farms with lower productivity and increase when land market frictions are removed. The results highlight the structural importance of credit in improving allocative efficiency and reveal heterogeneity in policy impact across the productivity distribution. Evidence suggests that credit interventions are more effective when land market institutions are functional, underscoring the need for integrated policy design to enhance productivity in rural economies.
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来源期刊
Economic Modelling
Economic Modelling ECONOMICS-
CiteScore
8.00
自引率
10.60%
发文量
295
期刊介绍: Economic Modelling fills a major gap in the economics literature, providing a single source of both theoretical and applied papers on economic modelling. The journal prime objective is to provide an international review of the state-of-the-art in economic modelling. Economic Modelling publishes the complete versions of many large-scale models of industrially advanced economies which have been developed for policy analysis. Examples are the Bank of England Model and the US Federal Reserve Board Model which had hitherto been unpublished. As individual models are revised and updated, the journal publishes subsequent papers dealing with these revisions, so keeping its readers as up to date as possible.
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