Table 4

Effects of financial inclusion (BORROW) on agricultural productivity – Instrumental variable estimation

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Financial inclusion (BORROW)0.132 (2.640)−0.089 (2.517)−0.430 (3.168)−2.689 (3.925)−1.154 (3.198)
Household net worth −0.032 (0.063)  −0.057 (0.079)
Household consumption 0.159 (0.158)  0.230 (0.150)
Household size 0.008 (0.012)  0.007 (0.013)
Urban dweller −0.037 (0.077)  −0.052 (0.079)
Islam adherent −0.072 (0.105)  −0.116 (0.089)
Traditional adherent −0.096 (0.159)  −0.132 (0.199)
Remittance received 0.105 (0.108)  0.125 (0.105)
Household head age   0.003 (0.002)0.002 (0.002)
Household head is female   −0.153** (0.061)−0.137*** (0.051)
Household head education: years   0.006 (0.017)−0.008 (0.013)
Household head is a worker   0.048 (0.181) 
Household head is a farmer   0.086 (0.095) 
Household head is an entrepreneur   0.072 (0.100) 
Herbicide use  0.107 (0.204) 0.101 (0.183)
Pesticide use  0.094 (0.138) 0.104 (0.107)
Fertiliser use  0.061 (0.068) 0.030 (0.050)
Observations66046366660466006362
Hansen J statistics: p-value0.0710.0630.0740.1300.072

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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