This paper is designed to provide different explanations for the existence of credit-product interlinkage in backward agriculture. The paper shows that the credit market imperfection is not the only explanation for the existence of credit-product interlinkage. It can also be explained in terms...

The paper develops a model of non-interlinkage between a trader and a large farmer. The trader faces better terms in the product market while the farmer has a clear edge over the former in the credit market. The paper shows that there are still gains from trade between the two, using a Nash...

A theoretical analysis of interest rate determination in the informal credit market has been presented when the market for informal credit is created by inadequate supply of formal credit. The official of the formal credit agency controls the supply of formal credit and he gets a bribe from the...

The study aims to examine the impact of agricultural finance on agricultural output in Nigeria using annual time series data from 1983 to 2018. The total output of the agricultural sector is the dependent variable while government Agricultural Credit Guarantee Scheme Fund is used as a proxy for...

The theory and methods used to analyze the market, management, and policy elements of agricultural finance draw substantially on modern finance concepts, but with significant tailoring to the unique characteristics of agricultural sectors throughout the world. Both developed and developing...

Using a rare flood in April 2019 in Iran as a natural experiment, we study the role of local banks in mitigating the financial consequence of natural disasters to smallholder farmers. We find that local branches immediately react to the disaster by increasing their lending for two months...

This study aimed to examine the long and short-run relationships between credit market development and agricultural production using the Autoregressive Distributed Lags (ARDL) Bounds test for cointegration, as well as the direction of causality by using the Granger causality test. The results of...

Using 791 consistent households in the balanced panel, comprising 3,985 households in the unbalanced panel-from a nationally representative, multipurpose, five-round (1988, 2000, 2004, 2008, and 2014) Mahabub Hossain Panel Data in Bangladesh-we provide evidence for the long-term impact of...

The objective of this article is to measure the impact of access to agricultural credit on the productivity of farmers in Togo. The results show that there is a difference between farmers who have access to credit and those who do not. Also, farmers with access to credit have higher productivity...

Problem Definition: Interest subventions (subsidies) on crop loans are a common feature of rural credit markets in developing countries. This study evaluates the impact of an interest subsidy program for the Kisan Credit Card (KCC) scheme - India’s flagship program to provide short-term...