Table III

Determinants of credit rationing facing rice farmers

VariableEstimated coefficientZ-value
CConstant1.1116***3.69
LandvalueiValue of land (VND million)–0.0003*–1.95
IncomeiIncome (VND million)–0.0023**–2.11
ResidenceiResidence in the locality (years)0.00040.09
AgeiAge of household head–0.0056–0.92
EducationiSchooling of household head (years)–0.0342**–2.58
GenderiGender of household head (male = 1)0.2381*1.81
DistanceiDistance to the nearest credit institution (km)0.0186***3.16
PositioniPosition of household head (yes = 1)–0.0466–0.49
ExperienceiNumber of years engaging in rice production–0.0058–1.25
Number of observations (N) 1,168 
Significance level0.0000
Log likelihood–625.5982

Note(s): (*), (**) and (***) designate statistical significance at the 10%, 5% and 1%, respectively

Dependent variable: creditrationingi (1 if there is credit rationing and 0 if otherwise)

Source(s): The authors' survey (2015)

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