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| Subbotin, Alexander. |
| The Russian establishment- politicians, agricultural officials, corporate farm managers, the media- firmly believe that inadequate access to credit is one of the major factors constraining the growth of the agricultural sector. In technical terms, they in effect claim that Russian agriculture faces credit rationing. In this article, we apply discrete regression analysis to study the determinants of access to credit for corporate farms, without addressing the issue of whether or not the actual borrowing is sufficient for the farms' needs. Our analysis shows that factors reflecting economic efficiency are the main determinants of access to credit. On the other hand, asset endowments, such as land and capital stock, have a very weak effect on the ability to... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Russian agriculture; Transition economics; Farm finance; Credit rationing; Logistic regression; Agricultural Finance; P340; Q140. |
| Ano: 2005 |
URL: http://purl.umn.edu/24514 |
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| Bokusheva, Raushan; Hockmann, Heinrich. |
| This paper aims to contribute to a better understanding of possible causes of considerable production variability that characterised Russian agriculture during the last decade. The study investigates production risk and technical inefficiency as two sources that influence production variability. Using panel data from 1996 to 2001, an empirical analysis of 443 large agricultural enterprises from three regions in central, southern and Volga Russia is conducted. A production function specification accounting for the effect of inputs on both risk and technical inefficiency is found to describe production technologies of Russian farms more appropriately than the traditional stochastic frontier formulation. |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Production risk; Technical efficiency; Panel data; Russian agriculture; Production Economics; D81; Q12. |
| Ano: 2005 |
URL: http://purl.umn.edu/24610 |
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| Serova, Eugenia; Shick, Olga. |
| The common a priori persuasion is that agriculture suffers from decapitalization due to financial constraints faced by producers. This view is the basis for the national agricultural policy, which emphasizes reimbursement of input costs and substitutes government and quasi-government organizations for the missing market institutions. The article evaluates the availability of purchased farm inputs, the efficiency of their use, the main problems in the emergence of market institutions, and the impact of government policies. The analysis focuses on five groups of purchased inputs: farm machinery, fertilizers, fuel, seeds, and animal feed. The information sources include official statistics and data from two original surveys. |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Russian agriculture; Transition economies; Farm supply channels; Government support programs; Agricultural and Food Policy; Community/Rural/Urban Development; P230; Q180. |
| Ano: 2005 |
URL: http://purl.umn.edu/24583 |
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