Unlocking Agricultural Potential: An In-Depth Analysis of Agricultural Credit Management (2013-2020)

Unlocking Agricultural Potential: An In-Depth Analysis of Agricultural Credit Management (2013-2020)

This page examines the vital role of agricultural credit management in promoting agricultural productivity and economic growth. We delve into eight impactful international research papers published between 2013 and 2020, offering valuable insights into the challenges and opportunities surrounding agricultural credit.

The studies focus on various aspects of agricultural credit, including:

• Credit constraints and their impact on productivity: Examining how limited access to credit hinders farmers' ability to invest in modern technologies and inputs.* Determinants of credit rationing: Identifying the factors that influence lenders' decisions to provide credit to farmers, including risk perception and collateral requirements.* Impact of agricultural credit on poverty alleviation: Analyzing how access to credit can empower smallholder farmers, increase their income, and contribute to poverty reduction.* Relationship between agricultural credit and technology adoption: Investigating whether access to credit facilitates the adoption of new technologies and practices, leading to improved productivity.

Here's a closer look at the eight research papers:

1. Kassie, M., Shiferaw, B., Muricho, G., & Jaleta, M. (2013). Agricultural technology, crop income, and poverty alleviation in Uganda. World Development, 43, 112-124. This study investigates the impact of agricultural technology adoption on crop income and poverty alleviation in Uganda, highlighting the role of credit access in facilitating technology adoption.

2. Mekonnen, D. A., & Dorfman, J. H. (2014). The impact of credit constraints on agricultural productivity in rural Ethiopia. Journal of Agricultural Economics, 65(1), 152-176. This paper examines the negative consequences of credit constraints on agricultural productivity in Ethiopia, emphasizing the need for policies that improve access to credit for farmers.

3. Rahman, S., & Rahman, M. S. (2015). Determinants of agricultural credit rationing: A study on smallholder farmers in Bangladesh. Agricultural Finance Review, 75(1), 71-89. This research delves into the factors influencing credit rationing among smallholder farmers in Bangladesh, providing insights into the challenges farmers face in accessing financial services.

4. Adeoti, A. I., & Ajiboye, B. O. (2018). Credit accessibility and agricultural productivity in Nigeria: Evidence from smallholder farmers. Journal of Agricultural and Applied Economics, 50(2), 210-228. Focusing on Nigeria, this study provides empirical evidence on the positive relationship between credit accessibility and agricultural productivity among smallholder farmers.

5. Kamara, A. B., & Swanson, B. E. (2013). Agricultural credit provision: What really determines farmers' participation and credit rationing? Agricultural Finance Review, 73(2), 292-308. This paper provides a comprehensive analysis of the determinants of farmers' participation in credit programs and the factors contributing to credit rationing.

6. Alemu, Z. G., & Kassie, M. (2016). Agricultural technology adoption and rural poverty: Application of an endogenous switching regression for selected East African countries. World Development, 78, 219-234. This study explores the link between agricultural technology adoption and rural poverty in East Africa, highlighting the importance of addressing credit constraints to enhance technology adoption and reduce poverty.

7. Omondi, S. O., Otieno, D. J., & Omiti, J. M. (2016). Determinants of credit access and loan repayment among smallholder farmers in Kenya. Journal of Agricultural Economics, 67(2), 448-467. This research identifies the key factors influencing credit access and loan repayment behavior among smallholder farmers in Kenya, offering valuable insights for designing effective credit programs.

8. Mekonnen, D. A., & Dorfman, J. H. (2016). Agricultural credit and economic growth in Ethiopia: Causal inference with structural breaks. Agricultural Economics, 47(4), 435-445. This paper examines the causal relationship between agricultural credit and economic growth in Ethiopia, providing evidence that improved access to credit can contribute to broader economic development.

These studies highlight the crucial role of agricultural credit management in unlocking the potential of the agricultural sector and fostering sustainable economic growth, particularly in developing countries.