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| Phinseng Channgakham |
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| ''The effects of a fertilizer loan on dry-season rice cultivated areas in Laos'' |
| ( 2006, Vol. 15 No.12 ) |
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| This study estimates the effects of agricultural credit, especially a fertilizer loan, by utilizing original survey data collected before and after the policy change. We apply the fixed-effects method to account for the endogeneity that occurs when the farmer-specific unobserved heterogeneity correlates with the amount of loan. The result indicates that the quantitative effects of a fertilizer loan on dry-season rice cultivated areas (DRCAs) are small. This suggests that the elimination of the fertilizer loan may have little effect on DRCAs. |
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| Keywords: |
JEL: O1 - Economic Development: General
Q1 - Agriculture: General |
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| Manuscript Received : Jul 31 2006 | | Manuscript Accepted : Sep 29 2006 |
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