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Giving credit to the microlenders. Formal microlending, credit constraints and adverse selection: a case study of shrimp farmers in Bangladesh AgEcon
Andersson, Camilla I.M.; Holmgren, Erik; MacGregor, James; Stage, Jesper.
Smallholder farmers have long been denied access to formal credit, largely because of the high administrative fees associated with loans. A possible solution to this problem, which has become increasingly popular, is the use of microcredit financing, where innovative means of securing the loans, such as peer monitoring, are used. This paper examines the effectiveness of formal microcredit schemes as compared to the traditional informal credit sources in a rural shrimp farming district of Bangladesh. We compare the two types of credit by studying the technical and allocative efficiencies of the two groups of borrowers. The findings suggest that farmers using both types of microcredit have difficulty accessing credit, often over-utilising labour in order to...
Tipo: Working or Discussion Paper Palavras-chave: Economics; Bangladesh; Shrimp Farming; Fisheries; Community/Rural/Urban Development; Crop Production/Industries; Environmental Economics and Policy; Financial Economics; Livestock Production/Industries.
Ano: 2008 URL: http://purl.umn.edu/37921
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Social Cost-Benefit Analysis of Scientific Versus Traditional Shrimp Farming: A Case Study from India AgEcon
Bhattacharya, Poulomi; Ninan, K.N..
This paper attempts a social cost-benefit analysis of scientific versus traditional shrimp farming in West Bengal, India. Using primary data, the paper shows that although intensive or scientific shrimp farming yields high returns as compared to traditional shrimp farming, when the opportunity costs and environmental costs of shrimp farming including disease risk are accounted for, scientific shrimp farming loses its advantage. In fact sensitivity analysis shows that if expected benefits were to fall short by 15% and costs rise by a similar proportion, scientific shrimp farmers report higher losses than traditional shrimp farmers. But large traditional shrimp farmers continue to report positive net returns. These results are also most pronounced for small...
Tipo: Conference Paper or Presentation Palavras-chave: Shrimp Farming; Social Cost-Benefit Analysis; Net Present Value; Benefit- Cost ratio; Environmental costs; Opportunity cost; Risk; Environmental Economics and Policy; Livestock Production/Industries; Q22; Q51.
Ano: 2009 URL: http://purl.umn.edu/51227
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