Files

Abstract

Chinese rural household has been always facing credit constraints. Few institutions lend loans to farmers because of financial risks. Farmers have to use usury or other informal sources to meet the financial needs for production. This credit constraint has been forcing farmers to deviate from optimal resource allocation and production arrangement. Consequently, it affects farmers’ income growth. Therefore, the objective of this study is to examine how credit constraint affects agricultural productivity and rural household income and discuss some consequent policy implications.

Details

Downloads Statistics

from
to
Download Full History