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Estimating the effects of credit constraints on productivity of Peruvian agriculture, Volume 1
 
Author:Woutersen, Tiemen; Khandker, Shahidur R.; Country:Peru;
Date Stored:2013/10/16Document Date:2013/10/01
Document Type:Policy Research Working PaperSubTopics:Econometrics; Economic Theory & Research; Knowledge for Development; Labor Policies; E-Business
Language:EnglishMajor Sector:Agriculture, fishing, and forestry; Finance
Rel. Proj ID:1W-Transforming Agriculture: The Role Of Finance Revisited -- -- P144998;Region:Latin America & Caribbean
Report Number:WPS6658Sub Sectors:Microfinance; Agricultural extension and research; Banking
Collection Title:Policy Research working paper ; no. WPS 6658Volume No: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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