Does nonagricultural labor relax farmers’ credit constraints? Evidence from longitudinal data for Vietnam
利用越南1993-1998年的纵向数据,研究发现参与非农劳动的家庭在种子、服务、雇工和牲畜投入上支出更多,表明非农收入缓解了农业信贷约束。
Abstract We examine the relationship between participation in nonagricultural labor activities and farming production decisions, focusing on the use of inputs. Using longitudinal data for Vietnam from 1993 to 1998, we find that households engaged in nonagricultural labor spend significantly more on seeds, services, hired labor, and livestock inputs. This is consistent with the hypothesis that nonagricultural labor income relaxes credit constraints to farming.