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  • 标题:The Effects of Revolving Funds on Milk Yields in Kenya
  • 本地全文:下载
  • 作者:Norah Chepkirui ; George Owuor ; Lawrence Kibet
  • 期刊名称:Asian Journal of Agricultural Extension, Economics & Sociology
  • 电子版ISSN:2320-7027
  • 出版年度:2022
  • 卷号:40
  • 期号:5
  • 页码:65-71
  • DOI:10.9734/ajaees/2022/v40i530887
  • 语种:English
  • 出版社:Sciencedomain International
  • 摘要:The study primarily aimed at determining the effects of revolving funds on milk yields among smallholder dairy farmer groups in Bomet County, Kenya. A cross-sectional quantitative data from 288 sampled dairy farmers, both the adopters and non-adopters of revolving funds was used. Propensity score matching technique was employed and the study results demonstrated that adopters of revolving funds had no significance difference with the non-adopters. This contradicts with the theory of credit access and the possible explanation could be the diversion of these funds to other non-farm sectors. Hence it is recommended that factors inhibiting maximum absorption of farm credit in the farm sectors should be considered by the policy analysts. Specifically, a policy debate of whether to give cash or farm input should be reinforced to ensure that monies set for input purchases are directed to the intended sectors.
  • 关键词:Revolving funds;propensity score matching;treatment;milk yields
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