Analyzing the Farm-Level Impact of Agricultural Credit: Discussion
Analyzing the Farm-Level Impact of Agricultural Credit: Discussion
复制标题
分析农业信贷对农场的影响：讨论
DOI：
10.2307/1242525
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发表时间：
1990
期刊：
影响因子：
--
通讯作者：
R. Meyer
中科院分区：
文献类型：
--
作者：
R. Meyer
agricultural credit in developing countries and the impact of many subsidized credit programs then in effect, especially those designed to increase small farmer access to loans. The 1973 AID spring review of small farmer credit, a comprehensive review of programs in several developing countries, represented the first major occasion when serious doubts were raised about the real impact of such programs.' Our critical review of research conducted up to the late 1970s led us to question the basic methodology of many impact studies and, therefore, their empirical results (David and Meyer). One fundamental problem was that much of the research failed to account for the wide range of production, consumption, and investment activities undertaken by a rural household. Given the fungibility of farm-household cash flow management, it is difficult to identify the true impact of loans supposedly given for farm production. Production loans from financial institutions may not contribute much additionality to farm input use and output if, because of fungibility, they simply substitute for own savings or other sources of loans.
