Idiosyncratic Income Shocks, Access to Credit, and Households' Welfare in an Agrarian Economy: Micro -Econometric Studies on Rural Households in Bangladesh

Rashid, A.S.M.Shahidur

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Description

Title

Idiosyncratic Income Shocks, Access to Credit, and Households' Welfare in an Agrarian Economy: Micro -Econometric Studies on Rural Households in Bangladesh

Author(s)

Rashid, A.S.M.Shahidur

Issue Date

1999

Doctoral Committee Chair(s)

Rashid, Salim

Department of Study

Economics

Discipline

Economics

Degree Granting Institution

University of Illinois at Urbana-Champaign

Degree Name

Ph.D.

Degree Level

Dissertation

Keyword(s)

Sociology, Public and Social Welfare

Language

eng

Abstract

The final analytical chapter tests the theories, which purport to explain the continued use of traditional rice varieties some thirty years after the introduction of High Yielding Varieties (HYV). Commonly used theories to explain this observed behavior of farm households are portfolio selection, input fixity, safety first, and learning and farmers' experimentation . The validity of these theories is empirically investigated for farm households in Bangladesh. Our empirical results show that the theory of input fixity, resulting from the lack of access to credit, is the most plausible theory to explain this observed phenomenon in Bangladesh. Farm households who have access to micro-credit institutions are found to have a higher adoption rate than those who lack access to credit.

Graduation Semester

1999

Type of Resource

text

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