Uninsured Health Shocks and Agricultural Productivity among Rural Households: The Mitigating Role of Micro-credit.

This article investigates how health shocks affect farm productivity in the presence of microcredit. It is expected that microcredit increases agricultural productivity by enhancing allocative and technical efficiency and by overcoming financial constraints that reduce purchase of inputs. However, m...

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Publicado en:Journal of Development Studies Vol. 53; no. 12; pp. 2050 - 2067
Autores principales: Isoto, Rosemary E., Sam, Abdoul G., Kraybill, David S.
Formato: Artículo
Publicado: Taylor & Francis Ltd December 2017
Materias:
Acceso en línea:Ver este registro en EBSCOhost
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        atl: Uninsured Health Shocks and Agricultural Productivity among Rural Households: The Mitigating Role of Micro-credit.
      aug:
        au:
          Isoto, Rosemary E.
          Sam, Abdoul G.
          Kraybill, David S.
        affil:
          Friedman School of Nutrition Science and Policy, Tufts University, Boston, MA, USA
          Department of Agricultural, Environmental, and Development Economics, Ohio State University, Columbus, OH, USA
      su:
        Social finance
        Agricultural productivity
        Microfinance
        Small business finance
        Agriculture finance
      sug:
        subj:
          Social finance
          Agricultural productivity
          Microfinance
          Small business finance
          Agriculture finance
      ab: This article investigates how health shocks affect farm productivity in the presence of microcredit. It is expected that microcredit increases agricultural productivity by enhancing allocative and technical efficiency and by overcoming financial constraints that reduce purchase of inputs. However, microcredit will have competing uses in the event of uninsured health shocks to the household. Using an endogenous switching regression model and after accounting for self-selection, the results reveal that microcredit has a significant mitigating effect on farm productivity losses. Thus, microcredit generates a double dividend among smallholders serving as insurance against health shocks in rural areas and improving agricultural productivity.
      pubtype: Academic Journal
      doctype: Article
      src: R
    language: English
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