@article{Briggeman:9707, recid = {9707}, author = {Briggeman, Brian C. and Towe, Charles A. and Morehart, Mitchell J.}, title = {Credit Access: Implications for Sole-Proprietor Household Production}, address = {2007}, number = {381-2016-22051}, series = {Selected Paper 174722}, pages = {33}, year = {2007}, abstract = {The objective of this study is to explain the determinants of farm and non-farm sole proprietorship households access to credit as well as the extent their credit constraints impact their value of production. A propensity, kernel-based matching estimator was employed to provide unbiased estimates of the production impacts of being denied credit. Prior research efforts have used inferior methods, including the two-stage Heckman estimator deal with estimation issues (selection bias and endogeneity) inherent in determining impacts of credit access and use. Results suggest that credit constrained sole-proprietorships, farm and non-farm, have a significantly lower value of production, but this drop in production, when aggregated to a national level, is small.}, url = {http://ageconsearch.umn.edu/record/9707}, doi = {https://doi.org/10.22004/ag.econ.9707}, }