Annim, Samuel Kobina and Dasmani, Isaac and Armah, Mark (2011): Does Access and Use OF Financial Service Smoothen Household Food Consumption?
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The study relies on Ghana’s Living Standard Measurement Survey to test the hypothesis of no relationship between credit and household food consumption expenditure. We use single stage and pooled least squares given the non-availability of national panel data in Ghana and lack of better instruments in the Living Standard data. While cognisant of the adverse effect of endogeneity we observe that our finding fails to provide enough evidence to reject the null hypothesis. This suggests that access to credit does not contribute to the smoothening of household consumption. This observation cuts across different sub-samples based on socio-economic classification. We recommend caution in propagating the ability of credit in smoothening consumption.
|Item Type:||MPRA Paper|
|Original Title:||Does Access and Use OF Financial Service Smoothen Household Food Consumption?|
|Keywords:||FINANCE, HOUSEHOLD, CONSUMPTION, INCOME|
|Subjects:||I - Health, Education, and Welfare > I3 - Welfare, Well-Being, and Poverty > I30 - General
G - Financial Economics > G2 - Financial Institutions and Services > G21 - Banks ; Depository Institutions ; Micro Finance Institutions ; Mortgages
|Depositing User:||Samuel Kobina ANNIM|
|Date Deposited:||07. Mar 2011 19:25|
|Last Modified:||12. Feb 2013 15:17|
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