“…Studies that have addressed in one way or another endogeneity problems show mixed results ranging from positive (see e.g. Bandiera, 2007;Deininger and Jin, 2003;Feder, 2007;Do and Yyer, 2008;Goldstein and Udry, 2008;Holden et al, 2009;Deininger et al, 2011;Ali et al, 2011) to heterogeneous, partly insignificant if not negative effects (see e.g. Besley, 1995;Otsuka et al, 2003;Braselle, 2002;Jacoby and Minten, 2007;Van den Broeck et al, 2007).…”