Tang, Sai; Guan, Zhengfei; Jin, Songqing - Agricultural and Applied Economics Association - AAEA - 2010
Credit markets are an essential economic institution. In developing countries, particularly in countries undergoing … that explain the farmers’ credit constraint and influence farmers’ decisions to switch from informal to formal credit … markets. Using data from a household survey, we estimated both binary choice probit models and a multinomial probit model to …