scholarly journals Impact of Formal Financial Market Participation on Farm Size and Expenditure on Variable Farm Inputs: The Case of Maize Farmers in Ghana

2014 ◽  
Vol 2014 ◽  
pp. 1-9
Author(s):  
Dadson Awunyo-Vitor ◽  
Ramatu M. Al-Hassan ◽  
Daniel B. Sarpong

The study examined maize farmers’ participation in the formal financial market and its impact on farm size and expenditure on variable farm inputs. A multistage sampling method was used in selecting 595 maize farmers from the seven districts in Ashanti and Brong Ahafo Regions of Ghana. A structured questionnaire and interview schedule were used to elicit information from the respondents. The impact of formal financial market participation on farm size and expenditure on variable inputs was estimated using Propensity Score Matching (PSM) method. The results of the study showed that formal financial market participation has the potential to significantly increase expenditure on variable inputs by farmers and consequently use of improved technology. Therefore, formal financial market participation should be encouraged through education and promotional activities.

1986 ◽  
Vol 68 (4) ◽  
pp. 838-848 ◽  
Author(s):  
J. DeBoer‐Lowenberg ◽  
Michael Boehlje

2012 ◽  
Vol 17 (5) ◽  
pp. 579-601 ◽  
Author(s):  
Solomon Asfaw ◽  
Leslie Lipper ◽  
Timothy J. Dalton ◽  
Patrick Audi

AbstractThis paper examines determinants of output and input market participation. It employs propensity score matching techniques to evaluate the impact of market participation on pigeonpea diversity and household welfare, using cross-sectional data of 333 households from Kenya. Results show that input and output market participation decisions are quite distinct. Output market participation is influenced by household demographics, farm size and radio ownership, while input market participation is determined by farm size, bicycle ownership and access to a salaried income. The findings reveal a positive and significant impact of output market participation on pigeonpea diversity, while input market participation had a negative and significant impact on diversity. The results indicate that output market participants have significantly higher food security status than non-participants, in line with the general findings of the literature. However, no significant impact is found between indicators of household welfare and input market participation.


Food Research ◽  
2021 ◽  
Vol 5 (2) ◽  
pp. 74-79
Author(s):  
M.I. Datti ◽  
R. Said ◽  
N.W. Ismail ◽  
A. Abd. Rahman

This paper examined major credit requirements of financial institutions in providing credit to paddy farmers of Jigawa state, Nigeria. Data were collected in 2019 from three selected paddy farming local government areas of the state. A total of 120 respondents were randomly selected through a multistage sampling technique, and a questionnaire. The binary logit model and the marginal effect were applied in the analysis. The results indicated that paddy farmers' educational level, family size, and guarantor requirements were statistically significant on access to credit, with their P-value signifies 0.041, 0.060, and 0.000, respectively. While, farm size, administrative process, collateral requirement, interest charge, and principal repayment duration were insignificant on accessing credit. Failure to address these problems may continue to worsen the Nigerian government's effort on food self-sufficient and poverty alleviation. The study suggests similar research to consider more years to see the impact in the long term. The study further recommends credit providers to modify the guarantor requirement and to delegate a staff who can translate and guide the applicants on how to fill the credit application forms


Author(s):  
Swarn Chatterjee

This paper uses the National Longitudinal Survey dataset to examine the role of income uncertainty in explaining the likelihood of financial asset ownership among native-born and immigrant Americans. After controlling for a number of socioeconomic, demographic and behavioral factors, the results suggest that individual investors who face greater income uncertainty are less likely to own financial assets. This relationship holds true for immigrants and native-born Americans. Additionally, the likelihood of financial asset ownership increases with income, risk tolerance, and educational attainment for immigrants as well as for natives. Results also suggest that financial market participation among immigrants increases with the number of years they remain in the United States.


Author(s):  
Jill E. Fisch ◽  
Jason S. Seligman

Abstract Willingness to participate in financial markets is important for financial well-being, including the accumulation of retirement savings through self-directed pension programs. We consider the roles of two key factors, trust and financial literacy in financial market participation. We find both are strongly related to participation. Although trust is more uniformly correlated with increases in financial market participation, the relationship between financial literacy and engagement is u-shaped, with increases in financial literacy first associated with reductions and subsequently with increases in the levels of participation. Our findings suggest trust and financial literacy play different roles and that each is related to investment behaviors in important ways.


Sign in / Sign up

Export Citation Format

Share Document