期刊名称：Journal of Agricultural and Resource Economics
印刷版ISSN：1068-5502
出版年度：2020
卷号：45
期号：1
页码：145-160
DOI：10.22004/ag.econ.298439
语种：English
出版社：WAEA
摘要：We evaluate the impact of access to credit on rural households' annual income using an endogenous switching regression approach, an increasingly popular method of tackling the selection bias issue in impact analyses. Using a large survey of rural households in eastern India, we find that access to credit is strongly associated with rural households' socioeconomic and demographic characteristics. Additionally, access to credit increases rural households' economic well-being; nonborrower rural households would benefit the most from access to credit. Access to credit affects recipients heterogeneously, implying that credit policies should be adaptable to different rural household groups.
