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  • 标题:Impact of Formal Financial Market Participation on Farm Size and Expenditure on Variable Farm Inputs: The Case of Maize Farmers in Ghana
  • 本地全文:下载
  • 作者:Dadson Awunyo-Vitor ; Ramatu M. Al-Hassan ; Daniel B. Sarpong
  • 期刊名称:ISRN Economics
  • 电子版ISSN:2090-8938
  • 出版年度:2014
  • 卷号:2014
  • DOI:10.1155/2014/329674
  • 出版社:Hindawi Publishing Corporation
  • 摘要: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.
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