Estimating the Effects of Credit Constraints on Productivity of Peruvian Agriculture

19 Pages Posted: 20 Apr 2016

See all articles by Tiemen Woutersen

Tiemen Woutersen

University of Arizona

Shahidur R. Khandker

World Bank - Development Research Group (DECRG)

Date Written: October 1, 2013

Abstract

This paper proposes an estimator for the endogenous switching regression models with fixed effects. The estimator allows for endogenous selection and for conditional heteroscedasticity in the outcome equation. Applying the estimator to a dataset on the productivity in agriculture substantially changes the conclusions compared to earlier analysis of the same dataset. This paper proposes an estimator for the endogenous switching re-gression models with fixed effects. The estimator allows for endogenous selection and for conditional heteroscedasticity in the outcome equation. Applying the estimator to a dataset on the productivity in agriculture substantially changes the conclusions compared to earlier analysis of the same dataset.

Keywords: Economic Theory & Research, E-Business, Knowledge for Development, Econometrics, Labor Policies

Suggested Citation

Woutersen, Tiemen and Khandker, Shahidur R., Estimating the Effects of Credit Constraints on Productivity of Peruvian Agriculture (October 1, 2013). World Bank Policy Research Working Paper No. 6658, Available at SSRN: https://ssrn.com/abstract=2341374

Tiemen Woutersen (Contact Author)

University of Arizona ( email )

Department of Economics
Tucson, AZ 85721
United States

Shahidur R. Khandker

World Bank - Development Research Group (DECRG) ( email )

1818 H. Street, N.W.
MSN3-311
Washington, DC 20433
United States

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