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Identifying the impacts of liquidity shocks on spending decisions is difficult methodologically but important for theory, practice, and policy. Using seven different methods on microenterprise loan applicants, we find striking results. Borrowers report uses of loan proceeds strategically, and...
Persistent link: https://www.econbiz.de/10010202715
realizations. We show that the forecasts significantly affect farmer investment decisions and that these responses account for a … the main instrument, that the return to agricultural investment depends substantially on the conditions under which it is …-invest, by a factor of three, when we compare actual levels of investments to the optimal investment level that maximizes …
Persistent link: https://www.econbiz.de/10009782148
We examine the impact of ambiguous and contested land rights on investment and productivity in agricultural in Akwapim …. -- Land tenure ; investment ; institutions …
Persistent link: https://www.econbiz.de/10003809738
The investment decisions of small-scale farmers in developing countries are conditioned by their financial environment …. Binding credit market constraints and incomplete insurance can reduce investment in activities with high expected profits. We … leads to significantly larger agricultural investment and riskier production choices in agriculture. The salient constraint …
Persistent link: https://www.econbiz.de/10009658902
, thus showing that liquidity constraints bind with respect to agricultural investment. In loan-villages, we gave grants to a … grants. Thus we find important heterogeneity in returns to investment and strong evidence that farmers with higher marginal … returns to investment self-select into lending programs. …
Persistent link: https://www.econbiz.de/10010385235