Credit Constraints as a Barrier to Technology Adoption by the Poor: Lessons from South-Indian Small-Scale Fishery

40 Pages Posted: 10 Aug 2005

See all articles by Xavier Giné

Xavier Giné

World Bank - Development Research Group (DECRG)

Stefan Klonner

Yale University - Department of Economics

Date Written: June 2005

Abstract

It is generally recognized that the adoption of a new technology plays a fundamental role in the development process. However, the benefits from the introduction of the technology may be unevenly distributed among the population, especially if the markets do not function properly. While the microeconomic literature on technology adopted and diffusion focuses on "who" and "when," the macroeconomic literature has focused on the overall impact of globalization on inequality. In this paper the authors bring these two strands of the literature together by studying the diffusion of plastic reinforced fiber boats in a fishing village in Tamil Nadu and by analyzing the dynamics of income inequality during this process.

Suggested Citation

Gine, Xavier and Klonner, Stefan, Credit Constraints as a Barrier to Technology Adoption by the Poor: Lessons from South-Indian Small-Scale Fishery (June 2005). World Bank Policy Research Working Paper No. 3665, Available at SSRN: https://ssrn.com/abstract=770954 or http://dx.doi.org/10.2139/ssrn.770954

Xavier Gine (Contact Author)

World Bank - Development Research Group (DECRG) ( email )

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HOME PAGE: https://sites.google.com/site/decrgxaviergine/

Stefan Klonner

Yale University - Department of Economics ( email )

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New Haven, CT 06520-8269
United States
203-436-4827 (Phone)
203-432-3898 (Fax)

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