Duponchel, MargueriteAli, Daniel AyalewDeininger, Klaus2014-04-282014-04-282014-02-20Journal of Development Studies0022-038810.1080/00220388.2014.887687https://hdl.handle.net/10986/18084While potentially negative impacts of credit constraints on economic development have long been discussed conceptually, empirical evidence for Africa remains limited. We use a direct elicitation approach on a national sample of Rwandan rural households to empirically assess the extent and nature of credit rationing in the semi-formal sector and its impact, using an endogenous switching model. Elimination of all constraints could increase output by some 17 per cent. Implications for policy and research are spelled out.en-USCC BY-NC-ND 3.0 IGOcredit rationingcredit constraintsinput intensityagricultural productivityJournal ArticleWorld Bank10.1596/18084