Groundnut Market Participation in the Upper West Region of Ghana
In: Ghana journal of development studies, Band 12, Heft 1-2, S. 106
ISSN: 0855-6768
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In: Ghana journal of development studies, Band 12, Heft 1-2, S. 106
ISSN: 0855-6768
In: Margin: the journal of applied economic research, Band 14, Heft 2, S. 226-246
ISSN: 0973-8029
This study tests the hypothesis of whether credit impacts productivity, and whether productivity in turn impacts market participation under a simultaneous modelling framework of credit, productivity and market participation, which has not been pursued in the literature. Using data from the Ghana Living Standards Survey Round 6, we applied a conditional mixed process estimation technique to correct for selectivity bias and unobserved endogeneity. We find that credit positively impacts productivity, which in turn positively impacts market participation. Furthermore, other determinants such as roads, public transport, radio and phone, and compliance with extension advice positively influence productivity while availability of markets and multiple cropping in a season increase the decision to sell maize. These findings imply that the transmission mechanism to transform the subsistence nature of Ghanaian agriculture into a sector characterized by commercial agriculture is to enhance access to credit, which in turn would stimulate productivity, which in turn would enhance market engagement.JEL Classification: Q12, Q13, Q14
In: Ghana journal of development studies, Band 14, Heft 1, S. 146
ISSN: 0855-6768
In: Technology in society: an international journal, Band 77, S. 102525
ISSN: 1879-3274