2007 Fiscal Year Final Research Report Summary
data collection and analysis of the effect of agricultural loan for poor farmers in Lao s
| Project/Area Number |
17530164
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| Research Category |
Grant-in-Aid for Scientific Research (C)
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| Allocation Type | Single-year Grants |
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| Section | 一般 |
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| Research Field |
Economic statistics
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| Research Institution | Yokohama National University |
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Principal Investigator |
KOBAYASHI Masahito Yokohama National University, International graduate school of social sciences, professor (60170354)
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| Co-Investigator(Kenkyū-buntansha) |
YAMAZAKI Keiichi Yokohama National University, International graduate school of social sciences, professor (10282948)
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| Project Period (FY) |
2005 – 2007
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| Keywords | Laos / agricultural finance / fertilizer |
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| Research Abstract |
In this research we investigated the rice crop farmers the Vientienn. Area and the surrounding area, before and after the policy change of the agricultural loan system. Using the data we analyzed the effect of the agricultural loan supplied by the government, especially the load in the form of fertilizer. The effect of the loan is difficult to distinguish form the unobservable characteristics of the farmers because the use of load is strongly dependent upon the unobserved characteristics of the farmers. We remove this correlation using the fixed effect panel data consists of 1080 randomly sampled farmers who used and did not used the loan. We have detected the significant effect of the loan of fertilizer in the dry season rice crop farmers. It then follows that the decrease of the rice crop in the dry season is the result of the demolition of fertilizer loan. The determinant of the use of loan is also analyzed in our analysis. The traditional analysis used a very narrow definition of application of bans so that it neglects the withdrawal because the probability of the acceptance of application of low. We used a wider definition of application for bans and found that the majority of farmers cannot use the commercial loans and the governmental loan, especially that of the fertilizer, still plays an important role. This means that the promotion of the use of commercial loans by the government is problematic.
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Research Products
(3 results)
