Table 7 Impact of credit access on cocoa productivity
Variables | Access to credit | Productivity with credit access | Productivity without credit access |
|---|---|---|---|
Age | 0.629*** (3.00) | 0.131** (2.04) | 0.087** (1.98) |
Age2 | 0.482*** (3.36) | 0.425 (0.03) | 0.056 (0.31) |
Household size | − 0.564*** (− 2.80) | 0.878** (2.07) | − 0.778 (− 0.81) |
Years of education | 0.378 (0.69) | 0.382** (2.04) | 0.101** (2.27) |
Year of experience | 0.120 (0.44) | 0.135*** (2.69) | 0.436 (1.14) |
Farm size | 0.695*** (3.55) | 0.138*** (6.82) | 0.090** (2.05) |
Gender | 0.482 (1.08) | 1.310 (0.57) | 0.330*** (2.68) |
Asset | 0.174 (0.51) | 1.194*** (2.65) | 0.159 (0.70) |
Constant | 0.166*** (3.01) | 3.181*** (5.84) | 1.790*** (5.49) |
/Ins0 | 0.336* (1.71) | Â | Â |
/Ins1 | 0.898** (1.98) | Â | Â |
/r0 | 0.495 (0.48) | Â | Â |
/r1 | 1.070 (1.52) | Â | Â |
Sigma_ 0 | 1.400** (2.06) | Â | Â |
Sigma _1 | 2.455* (1.91) | Â | Â |
Rho_0 | 0.458** (2.25) | Â | Â |
Rho_1 | 0.492** (2.19) | Â | Â |
Observations | 300 | 228 | 99 |