Idiosyncratic Income Shocks, Access to Credit, and Households' Welfare in an Agrarian Economy: Micro -Econometric Studies on Rural Households in Bangladesh

The final analytical chapter tests the theories, which purport to explain the continued use of traditional rice varieties some thirty years after the introduction of High Yielding Varieties (HYV). Commonly used theories to explain this observed behavior of farm households are portfolio selection, input fixity, safety first, and learning and farmers' experimentation . The validity of these theories is empirically investigated for farm households in Bangladesh. Our empirical results show that the theory of input fixity, resulting from the lack of access to credit, is the most plausible theory to explain this observed phenomenon in Bangladesh. Farm households who have access to micro-credit institutions are found to have a higher adoption rate than those who lack access to credit.

Name thesis:degree_name

Ph.D.

Level thesis:degree_level

Dissertation

Discipline thesis:degree_discipline

Economics

Grantor

University of Illinois at Urbana-Champaign

Year dc:date

2015

Author dc:creator

• Rashid, A.S.M.Shahidur

Contributors dc:contributor

• Rashid, Salim

• Sociology, Public and Social Welfare

Language dc:language

eng

Identifier

(MiAaPQ)AAI9953119

OAI identifier oai:identifier

oai:www.ideals.illinois.edu:2142/85662