Accurate targeting is key for the success of any development policy. While a number of factors might explain low targeting efficiency such as governance failure, political interference or lack of political will, this paper focuses on improving indicator-based models that identify poor households...

This paper evaluates the long-term impact of microfinance credit from the intensity of participation in borrowing. We use a four-round panel data set on 351 farm households that had access to microfinance in northern Ethiopia. Over the years 1997-2006, with three-year intervals, households are...

Agricultural productivity growth is widely seen as an essential instrument of poverty reduction, food security and broader economic growth. Paradoxically, however, the agricultural sector is often neglected by African governments in what is often termed ‘urban bias’. This paper explores what...

In face of climate change and other environmental challenges, inclusion of perennial forage shrubs in Australian agricultural systems has the potential to deliver multiple benefits: increased whole-farm profitability and improved natural resource management. The profitability of shrubs was...

Public resources are limited and have competing demands, hence prioritization will be critical. Policymakers want to know what public spending on agriculture sector will have the largest impact on the poor and how the resources should be allocated among the different sub-sectors. This brief...

While economies of scope of lending and mobilizing deposits in banking are justified theoretically (Diamond, 1984) and found empirically (see Saunders, 1999), in microfinance, the existence and the magnitudes of scope economies has not been investigated. We use a semi parametric smooth...

This paper examines delinquency, profitability, and outreach determinants of microfinance institutions’ (MFIs) performance in Russia, the Caucasus, and Central Asia. The estimation is done using the Seemingly Unrelated Regression (SUR) technique. The estimation results suggest that the...

This paper is only a part of research completed for the PhD degree in agricultural economics in University of Miyazaki. The paper is subjected to further improve and finalised.

Dr. George Owuor is an Agribusiness Specialist