Heterogeneous regional effects of rural credit on agricultural production in Brazil
Abstract Access to rural credit has been persistently heterogeneous across Brazilian regions over time. This work aimed to estimate the regional effects of rural credit on agricultural production due to the heterogeneity observed in access to credit. Based on data from the 2017 Agricultural Census...
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Format: | Article |
Language: | English |
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Sociedade Brasileira de Economia e Sociologia Rural
2024-04-01
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Series: | Revista de Economia e Sociologia Rural |
Subjects: | |
Online Access: | http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0103-20032024000400208&lng=en&tlng=en |
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author | Diogo Brito Sobreira Francisco José Silva Tabosa Edward Martins Costa Ahmad Saeed Khan |
author_facet | Diogo Brito Sobreira Francisco José Silva Tabosa Edward Martins Costa Ahmad Saeed Khan |
author_sort | Diogo Brito Sobreira |
collection | DOAJ |
description | Abstract Access to rural credit has been persistently heterogeneous across Brazilian regions over time. This work aimed to estimate the regional effects of rural credit on agricultural production due to the heterogeneity observed in access to credit. Based on data from the 2017 Agricultural Census and climate variables, the effect of rural credit was estimated by standard regressions, combined with the entropy balancing technique. The results show positive and significant effects of rural credit on Brazilian agricultural production, even after controlling for observed covariates. This result was consistent even after balancing the covariates with regard to entropy. The effect of rural credit proved to be heterogeneous across Brazilian regions, being positive and significant for regions with greater access to rural credit and statistically null in less credit-intensive regions. Furthermore, estimates show that technical assistance is an important transmission mechanism of the rural credit effect. |
first_indexed | 2024-04-24T11:51:09Z |
format | Article |
id | doaj.art-61d1908e5c104fb084d9a7ed9a3a62b3 |
institution | Directory Open Access Journal |
issn | 1806-9479 |
language | English |
last_indexed | 2024-04-24T11:51:09Z |
publishDate | 2024-04-01 |
publisher | Sociedade Brasileira de Economia e Sociologia Rural |
record_format | Article |
series | Revista de Economia e Sociologia Rural |
spelling | doaj.art-61d1908e5c104fb084d9a7ed9a3a62b32024-04-09T07:47:20ZengSociedade Brasileira de Economia e Sociologia RuralRevista de Economia e Sociologia Rural1806-94792024-04-0162410.1590/1806-9479.2023.271082Heterogeneous regional effects of rural credit on agricultural production in BrazilDiogo Brito Sobreirahttps://orcid.org/0000-0002-6840-754XFrancisco José Silva Tabosahttps://orcid.org/0000-0003-1280-8907Edward Martins Costahttps://orcid.org/0000-0002-9187-8534Ahmad Saeed Khanhttps://orcid.org/0000-0002-4079-7574 Abstract Access to rural credit has been persistently heterogeneous across Brazilian regions over time. This work aimed to estimate the regional effects of rural credit on agricultural production due to the heterogeneity observed in access to credit. Based on data from the 2017 Agricultural Census and climate variables, the effect of rural credit was estimated by standard regressions, combined with the entropy balancing technique. The results show positive and significant effects of rural credit on Brazilian agricultural production, even after controlling for observed covariates. This result was consistent even after balancing the covariates with regard to entropy. The effect of rural credit proved to be heterogeneous across Brazilian regions, being positive and significant for regions with greater access to rural credit and statistically null in less credit-intensive regions. Furthermore, estimates show that technical assistance is an important transmission mechanism of the rural credit effect.http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0103-20032024000400208&lng=en&tlng=enrural credittechnical assistanceagricultural productionBrazil |
spellingShingle | Diogo Brito Sobreira Francisco José Silva Tabosa Edward Martins Costa Ahmad Saeed Khan Heterogeneous regional effects of rural credit on agricultural production in Brazil Revista de Economia e Sociologia Rural rural credit technical assistance agricultural production Brazil |
title | Heterogeneous regional effects of rural credit on agricultural production in Brazil |
title_full | Heterogeneous regional effects of rural credit on agricultural production in Brazil |
title_fullStr | Heterogeneous regional effects of rural credit on agricultural production in Brazil |
title_full_unstemmed | Heterogeneous regional effects of rural credit on agricultural production in Brazil |
title_short | Heterogeneous regional effects of rural credit on agricultural production in Brazil |
title_sort | heterogeneous regional effects of rural credit on agricultural production in brazil |
topic | rural credit technical assistance agricultural production Brazil |
url | http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0103-20032024000400208&lng=en&tlng=en |
work_keys_str_mv | AT diogobritosobreira heterogeneousregionaleffectsofruralcreditonagriculturalproductioninbrazil AT franciscojosesilvatabosa heterogeneousregionaleffectsofruralcreditonagriculturalproductioninbrazil AT edwardmartinscosta heterogeneousregionaleffectsofruralcreditonagriculturalproductioninbrazil AT ahmadsaeedkhan heterogeneousregionaleffectsofruralcreditonagriculturalproductioninbrazil |