The impact of credit constraints on agricultural productivity in Tanzania

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dc.contributor.advisorAbor, Joshuaen_ZA
dc.contributor.advisorBiekpe, Nicholasen_ZA
dc.contributor.authorMsulwa, Barakaen_ZA
dc.date.accessioned2016-06-22T08:55:16Z
dc.date.available2016-06-22T08:55:16Z
dc.date.issued2015en_ZA
dc.description.abstractThis paper uses a nationally representative sample of agricultural businesses in Tanzania to empirically investigate the determinants of credit constraint status and its impact on agricultural productivity. In particular, we directly elicit the nature of the credit constraints experienced by crop producers. Subsequently, we evaluate the effect on crop output value per hectare using an endogenous switching regression model, which simultaneously estimates the likelihood of being credit constrained and its impact on productivity. The results provide evidence that the relaxation of all credit constraints would significantly enhance agricultural productivity; hence, contributing favourably to rural development, poverty alleviation, and the improvement of living standards in Tanzania. Moreover, consideration of only quantity constraints was shown to underestimate the full impact of credit constraint status in the presence of transaction costs and risk constraints. We advocate for the Tanzanian agricultural policy framework to adopt a broader definition of credit constraint status in pursuit of agricultural and economic development.en_ZA
dc.identifier.apacitationMsulwa, B. (2015). <i>The impact of credit constraints on agricultural productivity in Tanzania</i>. (Thesis). University of Cape Town ,Faculty of Commerce ,GSB: Faculty. Retrieved from http://hdl.handle.net/11427/20085en_ZA
dc.identifier.chicagocitationMsulwa, Baraka. <i>"The impact of credit constraints on agricultural productivity in Tanzania."</i> Thesis., University of Cape Town ,Faculty of Commerce ,GSB: Faculty, 2015. http://hdl.handle.net/11427/20085en_ZA
dc.identifier.citationMsulwa, B. 2015. The impact of credit constraints on agricultural productivity in Tanzania. University of Cape Town.en_ZA
dc.identifier.ris TY - Thesis / Dissertation AU - Msulwa, Baraka AB - This paper uses a nationally representative sample of agricultural businesses in Tanzania to empirically investigate the determinants of credit constraint status and its impact on agricultural productivity. In particular, we directly elicit the nature of the credit constraints experienced by crop producers. Subsequently, we evaluate the effect on crop output value per hectare using an endogenous switching regression model, which simultaneously estimates the likelihood of being credit constrained and its impact on productivity. The results provide evidence that the relaxation of all credit constraints would significantly enhance agricultural productivity; hence, contributing favourably to rural development, poverty alleviation, and the improvement of living standards in Tanzania. Moreover, consideration of only quantity constraints was shown to underestimate the full impact of credit constraint status in the presence of transaction costs and risk constraints. We advocate for the Tanzanian agricultural policy framework to adopt a broader definition of credit constraint status in pursuit of agricultural and economic development. DA - 2015 DB - OpenUCT DP - University of Cape Town LK - https://open.uct.ac.za PB - University of Cape Town PY - 2015 T1 - The impact of credit constraints on agricultural productivity in Tanzania TI - The impact of credit constraints on agricultural productivity in Tanzania UR - http://hdl.handle.net/11427/20085 ER - en_ZA
dc.identifier.urihttp://hdl.handle.net/11427/20085
dc.identifier.vancouvercitationMsulwa B. The impact of credit constraints on agricultural productivity in Tanzania. [Thesis]. University of Cape Town ,Faculty of Commerce ,GSB: Faculty, 2015 [cited yyyy month dd]. Available from: http://hdl.handle.net/11427/20085en_ZA
dc.language.isoengen_ZA
dc.publisher.departmentGSB: Facultyen_ZA
dc.publisher.facultyFaculty of Commerceen_ZA
dc.publisher.institutionUniversity of Cape Town
dc.subject.otherDevelopment Financeen_ZA
dc.titleThe impact of credit constraints on agricultural productivity in Tanzaniaen_ZA
dc.typeMaster Thesis
dc.type.qualificationlevelMasters
dc.type.qualificationnameMComen_ZA
uct.type.filetypeText
uct.type.filetypeImage
uct.type.publicationResearchen_ZA
uct.type.resourceThesisen_ZA
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