Research Article

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

Table 5

Tobit model results.

Variables Coefficients Expected signs

Age−0.0002498 (0.0009398)0.790+
Gender−0.0656572 (0.0238994) 0.006**Men +/women −
Education−0.003613 (0.0145079)0.803+
Extension service0.0105402 (0.0241567) 0.663+
Household size −0.0034473 (0.0010865) 0.002**+
Farming experience0.0013197 (0.0009311) 0.157+
Constant0.7451122 (0.0432094)0.000*

Note: significant at 10%, 5%, and 1%, respectively.
Source: authors’ calculations.