| This research estimates the impact of INDAP's Credit Program on the per hectare agricultural income of small agricultural producers. To accomplish this, a Treatment Effects Model (TEM) is employed to simultaneously estímate producer incomes and program participation functions, correcting for the potential presence of selectivity bias through the correlation between the errors of both functions. The results indicate that farmers of greater age present a higher disposition to participate in the program, but their interest decreases as their age increases. Additionally, producers who are acquainted with and evaluate the financial cost of credits as well as those producers whose income comes mainly from their land, who are landowners, present a greater family... |
