Financial Inclusion, Agricultural Land Ownership, and Investment Decisions

Author(s)
Martey, Edward
Etwire, Prince M
Koomson, Isaac
Publication Date
2024-11-05
Abstract
<p>Considering the impediments in access to agricultural lands and tenure insecurity, which negatively impact food insecurity and rural poverty levels, there is a need to understand how financial inclusion can improve land ownership, tenure security, and investment decisions. This chapter explores the empirical linkages between financial inclusion, agricultural land ownership, tenure security, and investment decisions based on data from the seventh round of the Ghana Living Standard Survey. Correcting for endogeneity in financial inclusion, we find that household heads who are financially included are more likely to own land with deeds, have security of tenure over the land, and invest in livestock and agricultural equipment. The results are robust to different measures of financial inclusion. Results of the heterogeneity analysis suggest that financial inclusion is more effective in increasing land ownership and investment decisions among male- and adult-headed households. However, financially included youth-headed households are more likely to invest in agricultural equipment than adult-headed households. Policies that aim at achieving universal financial access must be vigorously pursued and sustained.</p>
Citation
Financial Inclusion and Sustainable Rural Development, p. 357-379
ISBN
9789819761319
9789819761326
9789819761340
Link
Publisher
Palgrave Macmillan
Series
Sustainable Development Goals Series (SDGS)
Edition
1
Title
Financial Inclusion, Agricultural Land Ownership, and Investment Decisions
Type of document
Book Chapter
Entity Type
Publication

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