The paper examines the impact of MFIs on microenterprises in Ghana. Employing the financing constraints approach and using 2007 BEEPS data, supported with a Propensity Score Matching method, results indicate that unconstrained microenterprises are less sensitive to internal funds and thus MFIs...

This paper is prepared for SAEA 2013 conference

Peanut production efficiency in the Southeast is analyzed for assessing farm-level impacts of the 2002 Farm Act. Stochastic frontier analysis utilizes data from 2001 Peanut Farm Survey. Results show that production efficiency cannot be attributed to quota ownership. Certain other farm...

Using data between 1995 and 2010, we find that agricultural banks are benefiting from the derivatives activities by reducing total risk without hurting their profit. In nonagricultural banks, both profitability and total risk are adversely affected, possibly due to speculative derivatives positions.

We use survey data to study the level of financing constrains faced by new farmers in Alabama post 2008, and identify who got loans. We find that new farmers are financially constrained but not impacted by the crisis. Lending was collateral driven, although lenders also considered profitability...

We analyze the impact of climate change on agricultural production in 13 Asian countries for 1998-2007 estimating country-level FE panel model using climate variables. Higher summer temperature and rainfall increase production, higher fall temperature decreases it in Southeast Asia, and increase...

We study the efficiency of Community Development Loan Funds (CDLFs) in the U.S.A. between 2002 and 2005. We find that the largest CDLFs tend to be most efficient and that efficiency decreases with age and the proportion of minority representation on the board, while board size does not affect...

This paper focuses on the ability of microfinance rating agencies to impose market discipline on microfinance institutions by rating these organizations' performance. Results indicate that not all rating agencies are equal as only one rater was able to impose market discipline by promoting...

This paper explores the idea that off-farm income is used for investment in farm assets. Using Alabama farm data for the 1997-2004 period, we find that farm investment is more sensitive to off-farm than to on-farm income, and that this sensitivity is stronger for farms with sales less than $250,000.