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Estimating the effects of credit constraints on productivity of Peruvian agriculture
 
Author:Woutersen, Tiemen; Khandker, Shahidur R.; Collection Title:Policy Research working paper ; no. WPS 6658
Country:Peru; Date Stored:2013/10/16
Document Date:2013/10/01Document Type:Policy Research Working Paper
SubTopics:Econometrics; Economic Theory & Research; Knowledge for Development; Labor Policies; E-BusinessLanguage:English
Major Sector:Agriculture, fishing, and forestry; FinanceRel. Proj ID:1W-Transforming Agriculture: The Role Of Finance Revisited -- -- P144998;
Region:Latin America & CaribbeanReport Number:WPS6658
Sub Sectors:Microfinance; Agricultural extension and research; BankingVolume No:1 of 1

Summary: 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.

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