Credit, shocks and production efficiency of rice farmers in Vietnam

verfasst von

Thanh-Tung Nguyen, Trung Thanh Nguyen, Ulrike Grote

Abstract

Enhancing rice production efficiency in developing countries is important to improve the livelihoods of farmers and to ensure global food security for a growing population. Despite significant progress in recent decades, rice production is facing multiple challenges from climate change to the increasing competition for land, labor and capital from urbanization and industrialization. Given the fact that Vietnamese farmers often suffer from shocks and financial capital constraints, our paper aims to (i) investigate the impact of credit and shocks on rice production efficiency, and to (ii) examine the role of credit in mitigating the impact of shocks. Our findings show that weather shocks and land fragmentation are major sources of the inefficiency. Meanwhile, livestock, farm mechanization, and education are factors promoting rice production efficiency. Our results also show that access to credit plays a significant role in mitigating the negative impact of weather shocks. Our paper calls for more assistance and support to farmers in mitigating the severe effects of weather shocks, in particular via the promotion of rural credit markets. In addition, the encouragement of farm mechanization, land defragmentation, livestock farming, and the improvement of rural education should be given high priority to improve rice production efficiency.

Organisationseinheit(en)

Institut für Umweltökonomik und Welthandel

Externe Organisation(en)

Rheinische Friedrich-Wilhelms-Universität Bonn

Typ

Artikel

Journal

Economic Analysis and Policy

Band

77

Seiten

780-791

Anzahl der Seiten

12

ISSN

0313-5926

Publikationsdatum

03.2023

Publikationsstatus

Veröffentlicht

Peer-reviewed

Ja

ASJC Scopus Sachgebiete

Volkswirtschaftslehre und Ökonometrie, Volkswirtschaftslehre, Ökonometrie und Finanzen (sonstige)

Ziele für nachhaltige Entwicklung

SDG 2 – Kein Hunger, SDG 13 – Klimaschutzmaßnahmen

Elektronische Version(en)

https://doi.org/10.1016/j.eap.2022.12.018 (Zugang: Geschlossen)