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The Influence of Credit on Farm Growth AgEcon
Ockwell, Anthony P.; Batterham, Robert L..
This study was based on the hypothesis that lenders to the rural sector have the potential to affect the rate of agricultural adjustment directly via capital formation. Multi-period linear programming models were developed to quantify the effects of lender policy on farm growth for wheat growing, dairy and sheep properties. Three basic models were used to represent different farm management types for each industry group of models. The models included the production, marketing, taxation, consumption and investment subsystems of the farm. Emphasis in these models was focused on the financial linkages between these various subsystems. In particular, the models investigated the effects of increases in trading bank credit on farm growth.
Tipo: Journal Article Palavras-chave: Agricultural Finance; Farm Management.
Ano: 1982 URL: http://purl.umn.edu/12523
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NONPRICE RATIONING OF AGRICULTURAL CREDIT BY TWO TRADING BANKS AgEcon
Ockwell, Anthony P.; Batterham, Robert L..
The non price mechanism used by the trading banks to ration credit among farmers was studied using a survey designed along the lines of a factorial experiment. Of the farmer characteristics studied, managerial ability emerged as being most important in affecting the amount a farmer could borrow. Banking history and, to a lesser extent, security were also influential. However, the research indicated that there is great variability in the amounts that individual bank managers are prepared to lend.
Tipo: Journal Article Palavras-chave: Agricultural Finance.
Ano: 1980 URL: http://purl.umn.edu/22912
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