| Registro completo |
| Provedor de dados: |
AgEcon
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| País: |
United States
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| Título: |
RISK IN AGRICULTURE AS IMPEDIMENT TO RURAL LENDING - THE CASE OF NORTH-WESTERN KAZAKHSTAN
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| Autores: |
Petrick, Martin
Ditges, C. Markus
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| Data: |
2003-07-22
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| Ano: |
2000
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| Palavras-chave: |
Agricultural credit
Kazakhstan
Portfolio selection theory
Risk programming
Agricultural Finance
Q14
G11
C61
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| Resumo: |
On the basis of portfolio selection theory, this paper finds that whole-farm risk must be regarded as a major reason for the low level of credit flow to agriculture in North-western Kazakhstan. A quadratic programming model was used in order (a) to demonstrate the comparatively high overall risk exposition of a typical farm, (b) to show that an inflow of working capital could contribute to risk reduction, and (c) to illustrate short-term risk management strategies. Although there may be a role for the government in reducing risk exposition of agriculture in its current form, natural and economic constraints suggest to pave the way for structural reforms that reduce the importance of agriculture in the rural economy. .
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| Tipo: |
Working or Discussion Paper
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| Idioma: |
Inglês
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| Identificador: |
11013
http://purl.umn.edu/14939
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| Editor: |
AgEcon Search
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| Relação: |
Institute of Agricultural Development in Central and Eastern Europe (IAMO)>IAMO Discussion Papers
IAMO Discussion Paper No. 24
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| Formato: |
31
application/pdf
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