Consulta: creatorFacets:"Hartarska,   Valentina M."
Registros recuperados: 22
Data/hora: 16/06/2024 03:35:29

Impact of Climate Change on Agricultural Production in Asian Countries: Evidence from Panel Study
Provedor de dados: 31
Autores: Lee,   Jaehyuk; Nadolnyak,   Denis A.; Hartarska,   Valentina M.
We analyze the impact of climate change on agricultural production in 13 Asian countries for 1998-2007 estimating country-level FE panel model using climate variables. Higher summer temperature and rainfall increase production, higher fall temperature decreases it in Southeast Asia, and increase in annual temperature decreases agricultural production in Asian countries.
Tipo: Presentation
Palavras-chave: Climate change; Production; Food security; Asia; Environmental Economics and Policy; Food Security and Poverty; Production Economics.
Ano: 2012
URL: http://purl.umn.edu/119808

Governance and Performance of Microfinance Institutions in Central and Eastern Europe and the Newly Independent States
Provedor de dados: 31
Autores: Hartarska,   Valentina M.
This paper studies how various governance mechanisms affect the performance of microfinance institutions in Central and Eastern Europe and the Newly Independent States. Results show that managerial compensation matters, that market forces are becoming important disciplining device, and that board size, diversification and independence affect both outreach and sustainability.
Tipo: Conference Paper or Presentation
Palavras-chave: Financial Economics.
Ano: 2004
URL: http://purl.umn.edu/34722

Weather, Climate, and Agricultural Disaster Payments in the Southeastern U.S.
Provedor de dados: 31
Autores: Nadolnyak,   Denis A.; Hartarska,   Valentina M.
Direct disaster payments have been criticized as inefficient and inequitable. In this article, the impact of weather and climate, as well as economic and political variables, on crop disaster payments is analyzed using county level data from four states in the southeastern United States. The results of panel data analysis suggest that weather and climate variables explain most of the crop disaster payments at the county level while socioeconomic and political variables do not, suggesting that advancements in weather and climate forecasts could be helpful in budgeting.
Tipo: Conference Paper or Presentation
Palavras-chave: Disaster assistance; Weather; ENSO; Agricultural and Food Policy; Risk and Uncertainty.
Ano: 2009
URL: http://purl.umn.edu/51802

Rating in Microfinance: Cross Country Evidence
Provedor de dados: 31
Autores: Hartarska,   Valentina M.
This paper focuses on the ability of microfinance rating agencies to impose market discipline on microfinance institutions by rating these organizations' performance. Results indicate that not all rating agencies are equal as only one rater was able to impose market discipline by promoting better sustainability, while rating by another agency caused MFIs to slack off. In addition, while rating in general lead to better outreach, this effect was annulled if MFIs received financial aid in order to get rated. Finally, only one rater provided rating that allowed MFIs to raise additional debt
Tipo: Conference Paper or Presentation
Palavras-chave: Financial Economics.
Ano: 2005
URL: http://purl.umn.edu/35647

Natural Resources Endowment and Economic Growth in the Southeastern United States
Provedor de dados: 31
Autores: Elliott,   Vaughn M., II; Hartarska,   Valentina M.; Bailey,   Conner.
Using forest concentration data from Alabama, Arkansas, Georgia, Kentucky, Louisiana, North Carolina, South Carolina, and Virginia, this paper test whether or not the low-level of economic growth is related to forest resource intensity and Dutch Disease. Specifically, cross sectional data from 815 counties are used to evaluate how changes personal income growth is affected by concentration of forestry resources, government and business investment, educational investment and consumption. We find evidence that the county economies in the South may suffer from Dutch Disease.
Tipo: Conference Paper or Presentation
Palavras-chave: Resource /Energy Economics and Policy.
Ano: 2007
URL: http://purl.umn.edu/9990

Derivatives at Agricultural Banks
Provedor de dados: 31
Autores: Shen,   Xuan; Hartarska,   Valentina M.
Using data between 1995 and 2010, we find that agricultural banks are benefiting from the derivatives activities by reducing total risk without hurting their profit. In nonagricultural banks, both profitability and total risk are adversely affected, possibly due to speculative derivatives positions.
Tipo: Presentation
Palavras-chave: Agricultural Banks; Financial Derivatives; Profitability; Risk Management; Agricultural Finance; Risk and Uncertainty.
Ano: 2012
URL: http://purl.umn.edu/119789

A COMPARISON OF OPTION-THEORETIC AND CHOICE-THEORETIC APPROACHES TO EVALUATING ALTERNATIVE FINANCIAL TECHNOLOGIES FOR MORTGAGE LOANS TO LOW-INCOME HOUSEHOLDS
Provedor de dados: 31
Autores: Hartarska,   Valentina M.; Gonzalez-Vega,   Claudio.
This paper evaluates the efficacy of two alternative lending technologies - the traditional banking technology and a cash flow based counseling program - by using competing risks (option-based) and choice theoretic approaches. We find evidence to support the notion that low-income borrowers have some degree of financial sophistication, as they prepay the mortgage loan by considering the current value of the call option. The evidence also suggests that borrower heterogeneity and insolvency affect mortgage termination.
Tipo: Conference Paper or Presentation
Palavras-chave: Credit counseling; Competing risks; Low-income mortgage loans.; Financial Economics; Q140 (Agricultural Finance); Q140.
Ano: 2002
URL: http://purl.umn.edu/19645

Financing Constraints and the Family Farm: How do Families React?
Provedor de dados: 31
Autores: Hartarska,   Valentina M.; Mai,   Chi.
This paper explores the idea that off-farm income is used for investment in farm assets. Using Alabama farm data for the 1997-2004 period, we find that farm investment is more sensitive to off-farm than to on-farm income, and that this sensitivity is stronger for farms with sales less than $250,000.
Tipo: Conference Paper or Presentation
Palavras-chave: Farm Management; Q12; Q14; G11.
Ano: 2008
URL: http://purl.umn.edu/6861

Producer Characteristics and Peanut Cost Efficiency in the Southeast: Implications for the Farm-Level Impacts of the 2002 Farm Act
Provedor de dados: 31
Autores: Fletcher,   Stanley M.; Nadolnyak,   Denis A.; Hartarska,   Valentina M.
Peanut production efficiency in the Southeast is analyzed for assessing farm-level impacts of the 2002 Farm Act. Stochastic frontier analysis utilizes data from 2001 Peanut Farm Survey. Results show that production efficiency cannot be attributed to quota ownership. Certain other farm attributes, such as size and age, are also important.
Tipo: Conference Paper or Presentation
Palavras-chave: Crop Production/Industries.
Ano: 2005
URL: http://purl.umn.edu/35627

PERFORMANCE AND GOVERNANCE OF COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS
Provedor de dados: 31
Autores: Hartarska,   Valentina M.
This paper investigates the influence of board size and board diversity on the performance of Community Development Financial Institutions' operating in the Southeast. The results indicate that at present many CDFI boards are larger than optimal. The results also show that CDFIs generally have well diversified boards and that these organizations' performance is unlikely to improve by further diversifying their boards. However, CDFIs performance may be improved by promoting smaller boards.
Tipo: Conference Paper or Presentation
Palavras-chave: Financial Economics.
Ano: 2005
URL: http://purl.umn.edu/19260

Investment in Young and Established Microenterprises in Russia
Provedor de dados: 31
Autores: Hartarska,   Valentina M.
This paper shows that imperfections in the credit market and insecurity of property rights affect nonuniformly the investment of younger and established microenterprises in Russia. The empirical analysis of investment is based on the liquidity constraint model but also accounts for the added challenged that the weak institutional structure and the small size of the enterprises pose. Investment in younger firms is most constrained by the availability of funds, while investment in more established microenterprises is affected by the ability of the entrepreneurs to "secure" their property rights by paying bribes. Financial institutions are unable to distinguish good from bad borrowers but lend to firms that have transparent transactions.
Tipo: Conference Paper or Presentation
Palavras-chave: Agricultural Finance.
Ano: 2002
URL: http://purl.umn.edu/24857

Scope Economies of Lending and Collecting Deposits in Microfinance Institutions
Provedor de dados: 31
Autores: Hartarska,   Valentina M.; Parmeter,   Christopher F.
While economies of scope of lending and mobilizing deposits in banking are justified theoretically (Diamond, 1984) and found empirically (see Saunders, 1999), in microfinance, the existence and the magnitudes of scope economies has not been investigated. We use a semi parametric smooth coefficient model to estimate these economies using the largest publicly available dataset of over 2,800 annual observations from MFIs across the world. We accommodate the outreach objective of Microfinance Institutions (MFIs) by measuring outputs as the number of clients (borrowers and savers) rather than the traditional volume of loans and deposits and compare the results from the two cost functions. We find substantial scope economies of 47 percent on average. The results...
Tipo: Conference Paper or Presentation
Palavras-chave: Scope Economies; Microfinance Institutions; Rural Banks; Agricultural Finance; Financial Economics; International Development; Research Methods/ Statistical Methods; G21; F30; C14.
Ano: 2009
URL: http://purl.umn.edu/51799

A Comparison of Technical Efficiency in Alabama’s Nursery and Greenhouse Sector from 2003 to 2008
Provedor de dados: 31
Autores: Reynolds-Allie,   Kenesha; Fields,   Deacue; Hartarska,   Valentina M.
Replaced with revised version of paper 02/10/10
Tipo: Conference Paper or Presentation
Palavras-chave: Technical Efficiency; Green industry; Horticulture; Agribusiness; Crop Production/Industries; Farm Management; Marketing; Production Economics.
Ano: 2010
URL: http://purl.umn.edu/56516

Southeastern Peanut-Production Cost Efficiency Under the Quota System:  Implications for the Farm-Level Impacts of the 2002 Farm Act
Provedor de dados: 31
Autores: Nadolnyak,   Denis A.; Fletcher,   Stanley M.; Hartarska,   Valentina M.
In the article, stochastic frontier analysis of peanut-production efficiency in the Southeastern region of the United States is conducted with a view of assessing the likely farm-level impacts of the 2002 Farm Act.  Results indicate that , although quota ownership did not significantly impact inefficiency, it is likely that limitations on the quota’s transferability to areas with better growing conditions were a significant cause of inefficiency.  The acreage shifts and improved yields following the passage of the 2002 Farm Act support this conclusion.  Certain farm characteristics, such as farm size and operator’s education and age, were also important for efficiency.
Tipo: Journal Article
Palavras-chave: 2002 Farm Act; Peanut production; Stochastic cost frontier analysis; Supply management policies; Agricultural and Food Policy; Crop Production/Industries; Production Economics; Productivity Analysis; Q18; D61; Q15; Q12.
Ano: 2006
URL: http://purl.umn.edu/43762

ESTIMATING PEANUT PRODUCTION EFFICIENCY AND ASSESSING
Provedor de dados: 31
Autores: Nadolnyak,   Denis A.; Hartarska,   Valentina M.; Fletcher,   Stanley M.
The paper presents preliminary results of the analysis of cost efficiency of peanut production in the South-Eastern region utilizing data from the 2001 Peanut Farm Costs and Returns Survey. Stochastic cost frontier analysis using both Cobb-Douglas and translog functional forms is used as the most suitable given data availability and the nature of the industry. Estimation results are used in a discussion of the likely farm-level effects of the 2002 Farm Act, which substituted quota support with marketing assistance loan program. Contrary to our expectations, quota ownership did not significantly affect cost efficiency, which implies that quota ownership is not a discriminating factor in considering the effects of the Farm Act. Other producer...
Tipo: Conference Paper or Presentation
Palavras-chave: Crop Production/Industries.
Ano: 2004
URL: http://purl.umn.edu/20126

Stunted Growth: Natural Resource Concentration, Economic Growth, and Dutch Disease in the Southeastern United States
Provedor de dados: 31
Autores: Elliott,   Vaughn M., II; Hartarska,   Valentina M.; Bailey,   Conner.
We study the link between economic growth and resource endowment in the southeastern United States and find signs of Dutch Disease. Using data for 815 counties in this region, we focus attention on the connection between economic growth and forest resources. Our data support the Dutch Disease theory that economic reliance on natural resources contributes to low economic growth.
Tipo: Conference Paper or Presentation
Palavras-chave: Community/Rural/Urban Development; Resource /Energy Economics and Policy.
Ano: 2008
URL: http://purl.umn.edu/6494

Rating in Microfinance: Cross-Country Evidence
Provedor de dados: 31
Autores: Hartarska,   Valentina M.
This paper studies whether microfinance rating agencies were able to impose market discipline on microfinance institutions (MFIs) during the period 1998-2002. Results indicate that not all rating agencies had equal impact. While some rating agencies were able to promote better sustainability, there is some weak evidence that rating by a particular rater might have induce moral hazard, whereby after receiving good rating, MFIs had worse performance perhaps because in some regions several raters operated simultaneously. Evidence also suggests that subsidized rating does not encourage improvements in sustainability and has negative impact on outreach. Rating by some individual raters helped MFIs to raise additional funds.
Tipo: Conference Paper or Presentation
Palavras-chave: Financial Economics.
Ano: 2006
URL: http://purl.umn.edu/25506

INVESTMENTS AND PROPERTY RIGHTS IN RUSSIA: EVIDENCE FROM SMALL FIRMS IN SAMARA
Provedor de dados: 31
Autores: Hartarska,   Valentina M.
This study establishes empirically that the financial restrictions faced by micro and small entrepreneurs in Russia influence their investment decisions. Survey data from 305 entrepreneurs are used to identify credit market imperfections resulting from asymmetric information.
Tipo: Conference Paper or Presentation
Palavras-chave: Resource /Energy Economics and Policy.
Ano: 2001
URL: http://purl.umn.edu/20739

Governance and Performance of Microfinance Institutions in Central and Eastern Europe and the Newly Independent States
Provedor de dados: 31
Autores: Hartarska,   Valentina M.
This paper presents the first evidence on the impact of board diversity and independence, and management compensation on outreach and sustainability of microfinance institutions in Central and Eastern Europe and the Newly Independent States. Results indicate that board diversity improves both outreach and sustainability while larger and less independent boards lower sustainability. Performance-based compensation is not effective in aligning the interest of managers and stakeholders, and underpaying managers reduces outreach.
Tipo: Conference Paper or Presentation
Palavras-chave: Governance; Microfinance; Board of directors; Managerial compensation; Financial Economics.
Ano: 2005
URL: http://purl.umn.edu/24568

Financing Constraints and Access to Credit in Post Crisis Environment: Evidence from New Farmers in Alabama
Provedor de dados: 31
Autores: Hartarska,   Valentina M.; Nadolnyak,   Denis A.
We use survey data to study the level of financing constrains faced by new farmers in Alabama post 2008, and identify who got loans. We find that new farmers are financially constrained but not impacted by the crisis. Lending was collateral driven, although lenders also considered profitability and cash flows.
Tipo: Presentation
Palavras-chave: Financing constraints; Access to agricultural credit; New farmers; Agricultural Finance; Financial Economics; Risk and Uncertainty; G31; Q12; Q14.
Ano: 2012
URL: http://purl.umn.edu/119799

CREDIT COUNSELING AND MORTGAGE LOAN DEFAULT BY RURAL AND URBAN LOW INCOME HOUSEHOLDS
Provedor de dados: 31
Autores: Hartarska,   Valentina M.; Gonzalez-Vega,   Claudio.
A competing risks model is implemented to establish the influence of cash flow-based counseling on mortgage loan repayment by rural and urban low-income households. Data from 405 counseled and non-counseled clients are used to test hypotheses about the effectiveness of counseling, duration of effects, and rural-urban differences.
Tipo: Conference Paper or Presentation
Palavras-chave: Financial Economics.
Ano: 2001
URL: http://purl.umn.edu/20740

EFFICIENCY IN COMMUNITY DEVELPOMENT LOAN FUNDS
Provedor de dados: 31
Autores: Naanwaab,   Cephas B.; Hartarska,   Valentina M.
We study the efficiency of Community Development Loan Funds (CDLFs) in the U.S.A. between 2002 and 2005. We find that the largest CDLFs tend to be most efficient and that efficiency decreases with age and the proportion of minority representation on the board, while board size does not affect efficiency.
Tipo: Conference Paper or Presentation
Palavras-chave: Community/Rural/Urban Development; Public Economics.
Ano: 2008
URL: http://purl.umn.edu/6726