Table 2

Effects of financial inclusion (ACCESS) on agricultural productivity–instrumental variable estimation

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Financial inclusion (ACCESS)0.605*** (0.259)0.846** (0.345)0.606** (0.270)0.984** (0.383)1.101*** (0.420)
Household net worth −0.029* (0.015)  −0.025* (0.015)
Household consumption −0.054 (0.112)  −0.037 (0.111)
Household size 0.007 (0.007)  0.003 (0.007)
Urban dweller −0.076 (0.093)  −0.072 (0.095)
Islam adherent 0.018 (0.070)  −0.038 (0.069)
Traditional adherent −0.028 (0.118)  −0.140 (0.111)
Remittance received 0.027 (0.096)  0.027 (0.103)
Household head age   −0.0007 (0.001)−0.0007 (0.001)
Household head is female   −0.159*** (0.046)−0.189*** (0.059)
Household head education: years   −0.026** (0.010)−0.033*** (0.010)
Household head is a worker   −0.348*** (0.115) 
Household head is a farmer   0.060 (0.047) 
Household head is an entrepreneur   −0.047 (0.036) 
Herbicide use  0.018 (0.056) −0.019 (0.053)
Pesticide use  0.054 (0.043) 0.057 (0.045)
Fertiliser use  0.0002 (0.057) −0.008 (0.052)
Observations66046366660466006362
Hansen J statistics: p-value0.6550.3660.6290.5300.364

Note(s): Instrument used: Did the household make use of the Internet for Internet banking? Is there bank within the community, which is the enumeration area?

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