Impact of agricultural credit on productivity, cost and returns from cocoa production in Ghana

Simple item page
cg.authorship.typesCGIAR and developing country instituteen
cg.contributor.affiliationInternational Center for Tropical Agricultureen
cg.contributor.affiliationKwame Nkrumah University of Science and Technologyen
cg.contributor.affiliationCocoa Research Institute of Ghanaen
cg.contributor.affiliationCOCOBOD Ghana,en
cg.contributor.affiliationPromise Broadcasting Limiteden
cg.contributor.affiliationOmnifert Limiteden
cg.coverage.countryGhanaen
cg.coverage.iso3166-alpha2GHen
cg.coverage.regionAfricaen
cg.coverage.regionWestern Africaen
cg.coverage.regionSub-Saharan Africaen
cg.identifier.doihttps://doi.org/10.1080/23322039.2024.2402035en
cg.isijournalISI Journalen
cg.issn2332-2039en
cg.issue1en
cg.journalCogent Economics & Financeen
cg.reviewStatusPeer Reviewen
cg.subject.alliancebiovciatCACAOen
cg.subject.sdgSDG 2 - Zero hungeren
cg.volume12en
dc.contributor.authorBoansi, Daviden
dc.contributor.authorGyasi, Michaelen
dc.contributor.authorNuamah, Stephenen
dc.contributor.authorTham-Agyekum, Enoch Kwameen
dc.contributor.authorAnyuki, Freden
dc.contributor.authorFrimpong, Richmonden
dc.contributor.authorGbafah, Alberten
dc.contributor.authorGyan, Charles Bosompemen
dc.date.accessioned2025-03-19T09:44:26Zen
dc.date.available2025-03-19T09:44:26Zen
dc.identifier.urihttps://hdl.handle.net/10568/173710
dc.titleImpact of agricultural credit on productivity, cost and returns from cocoa production in Ghanaen
dcterms.abstractThis study identified the determinants of cocoa farmers’ access to credit in Ghana and estimated the impact of credit access on yield, yield gap, gross income, cost of production, and net income using propensity score matching. A total of 384 cocoa-farming households were included in the analysis. Only 33.3% of cocoa farmers accessed credit for production and cooperative unions were the main source of credit accessed by the farmers. The study finds significant positive impacts of agricultural credit on yield, gross income, and net income, while yield gap decreases significantly (by 12.2–16.7%) with access to credit. Policy efforts to improve cocoa farmers’ access to credit could therefore enhance the productivity and profitability of cocoa production. It was found that male-headed households with access to credit derive greater benefits than their female counterparts. This may be attributed to differences in resource endowments and marginalization (between male and female heads). In addition, it was found that with access to credit, cultivating more than one cocoa farm could make cocoa production more productive and profitable. This indicates more efficient and profitable use of credit on fragmented farms, than on non-fragmented farms. However, under credit constraint, the practice of land fragmentation could be counterproductive.en
dcterms.accessRightsOpen Accessen
dcterms.bibliographicCitationBoansi, D.; Gyasi, M.; Nuamah, S.; Tham-Agyekum, E.K.; Anyuki, F.; Frimpong, R.; Gbafah, A.; Gyan, C.B. (2024) Impact of agricultural credit on productivity, cost and returns from cocoa production in Ghana. Cogent Economics & Finance 12(1): 2402035. ISSN: 2332-2039en
dcterms.extent2402035en
dcterms.issued2024-09-19en
dcterms.languageenen
dcterms.licenseCC-BY-4.0en
dcterms.publisherCogent OAen
dcterms.subjecteconomicsen
dcterms.subjectperformance assessmenten
dcterms.subjectcrediten
dcterms.subjectimpacten
dcterms.subjectpropensity score matchingen
dcterms.subjectmicroeconomicsen
dcterms.typeJournal Articleen

Files

Original bundle

Now showing 1 - 1 of 1
Thumbnail Image
Name:
Boansi_2024_CreditCocoa.pdf
Size:
1.73 MB
Format:
Adobe Portable Document Format
Download

Collections

Alliance Bioversity CIAT Journal Articles
Alliance Research Lever 5: Digital Inclusion