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首页> 外文期刊>Journal of Development Economics >A matter of time: An impact evaluation of the Brazilian National Land Credit Program
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A matter of time: An impact evaluation of the Brazilian National Land Credit Program

机译：时间问题：巴西国家土地信贷课程的影响评价

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摘要

This paper provides an impact evaluation of the Programa Nacional de Credito Fandiario, a market assisted land reform program in Brazil. The paper uses a panel dataset and pipeline control group to evaluate the program's impact on agricultural production and earned income, using a difference-in-differences model with either municipal or individual fixed effects. The heterogeneous effect of additional years of land ownership is investigated. The findings suggest that the program increases production and earned income by about 74% and 37%, but only after four years of land ownership. The conclusions are supported by a number of robustness tests, although considerable attrition and potential bias due to unobserved variables suggests caution. The benefits of the program largely go to making debt payments. If the impact on income continues to grow, as it did in the first five years, improvements in net wealth and current welfare could both be achieved.
机译：本文为巴西市场辅助土地改革方案提供了Programa Nacional de Cvidredo Fandiario的影响。 本文采用面板数据集和管道控制组来评估程序对农业生产和赚取收入的影响，使用与市政或个人的固定效果有不同差异模型。 调查了额外数年土地所有权的异质效果。 研究结果表明，该计划将产量增加约74％和37％，但仅经过四年的土地所有权。 结论是由许多稳健性测试的支持，尽管由于未观察到的变量导致的大量磨损和潜在的偏见表明谨慎。 该计划的好处在很大程度上是偿还债务。 如果对收入的影响继续增长，就像在前五年中所做的那样，可以实现净财富和当前福利的改善。

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