The Deadly Cost of Informal Lending
An Economic Model of Agrarian Suicide in Punjab
Bibliographic Data
| ID | 12326468 |
|---|---|
| Authors | Daniel K N Johnson (0000-0002-5142-0940, Colorado College, corresponding author), Lakhwinder Singh (0000-0001-5829-5161, Institute for Human Development (IHD), New Delhi, India), Kesar Singh Bhangoo (Thapar Institute of Engineering & Technology), Tianyi Qin (0000-0003-1837-8776, University of Chicago) |
| Year | 2023 |
| Volume | 16 |
| Issue | 4 |
| Pages | 659-683 |
| Publication date | 2023-08-09 |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Millennial Asia (JOURNAL) |
| Journal identifiers | ISSN: 2321-7081 • E-ISSN: 0976-3996 |
| Publisher | SAGE Publishing (PUBLISHER • US) |
| DOI | 10.1177/09763996231180145 |
| OpenAlex | W4385701329 |
| Language | EN |
| Citations received | 1 |
| References cited | 13 |
The Indian state of Punjab, which initially benefited greatly from the green revolution, has suffered from a dramatic rise in agrarian suicides for several decades. We use a carefully constructed sample of over 1,000 farmers in the epicentre, and build a three-stage model of agricultural production decisions across multiple input and multiple output choices, indebtedness from multiple sources and suicide via an IPWRA (inverse probability weighted regression adjustment) treatment model to trace the potential roots of the situation. Results show that the use of informal credit from commission agents by farmers accounts for 10 percentage points (or 20%) of all suicides in our sample, regardless of other household factors and choices
Agrarian society · Agricultural economics · Agriculture · Commission · Economics · Geography · Green Revolution · Inverse probability · Macroeconomics · Production (economics · Sample (material · Statistics · Agricultural Economics and Practices · Agricultural risk and resilience · Income, Poverty, and Inequality · Mathematics · Finance
Efficient semiparametric estimation of multi-valued treatment effects under ignorability
Crop-damaging temperatures increase suicide rates in India
Inverse probability weighted estimation for general missing data problems
Finance, Gender, and Entrepreneurship
Rural poverty and agricultural performance in India
Income Shocks and Suicides
Access to Modern Agricultural Technologies and Farmer Household Welfare
Agricultural Mechanization in India
Green Revolution and the Small Peasant
| Citations per year | 1 |
|---|---|
| Citation span | 2026 - 2026 (1) |
| Highly cited | No |