Rural Credit and Farms Efficiency: Modelling Farmers Credit Allocation Decisions, Evidences from Benin

Table 2

Descriptive statistics of the variables in the stochastic frontier and Tobit models.

Variables	Units	Means	S.E	Minimum	Maximum
Age	Years	44.23418	11.22224	21	80
Farming experience	Years	21.91983	11.07947	1	55
Household size	Number of people	10.80842	6.604174	1	54
Revenue	Fcfa	2262566	4016968	7500	34100000
Acreage	Hectare	6.090127	8.310743	0.36	84
Intermediary inputs	Fcfa	645453.1	1165424	15100	14100000
Labour	Man-day	4.192144	3.126197	0	22.25
Capital	Fcfa	712020.4	2670723	0	31100000
Credit	Fcfa	35213.09	67563.82	0	761429

Source: authors’ calculations.