G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w20218
来源IDWorking Paper 20218
Seasonal Credit Constraints and Agricultural Labor Supply: Evidence from Zambia
Günther Fink; B. Kelsey Jack; Felix Masiye
发表日期2014-06-12
出版年2014
语种英语
摘要Small-scale farming remains the primary source of income for a majority of the population in developing countries. While most farmers primarily work on their own fields, off-farm labor is common among small-scale farmers. A growing literature suggests that off-farm labor is not the result of optimal labor allocation, but is instead driven by households' inability to cover short-term consumption needs with savings or credit. We conduct a field experiment in rural Zambia to investigate the relationship between credit availability and rural labor supply. We find that providing households with access to credit during the growing season substantially alters the allocation of household labor, with households in villages randomly selected for a loan program selling on average 25 percent less off-farm labor. We also find that increased credit availability is associated with higher consumption and increases in local farming wages. Our results suggest that a substantial fraction of rural labor supply is driven by short-term constraints, and that access to credit markets may improve the efficiency of labor allocation overall.
主题Labor Economics ; Labor Supply and Demand ; Development and Growth ; Development ; Environmental and Resource Economics ; Agriculture
URLhttps://www.nber.org/papers/w20218
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/577891
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GB/T 7714
Günther Fink,B. Kelsey Jack,Felix Masiye. Seasonal Credit Constraints and Agricultural Labor Supply: Evidence from Zambia. 2014.
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