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| Registros recuperados: 10 | |
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| Briggeman, Brian C.; Towe, Charles A.; Morehart, Mitchell J.. |
| The objective of this study is to explain the determinants of farm and non-farm sole proprietorship households access to credit as well as the extent their credit constraints impact their value of production. A propensity, kernel-based matching estimator was employed to provide unbiased estimates of the production impacts of being denied credit. Prior research efforts have used inferior methods, including the two-stage Heckman estimator deal with estimation issues (selection bias and endogeneity) inherent in determining impacts of credit access and use. Results suggest that credit constrained sole-proprietorships, farm and non-farm, have a significantly lower value of production, but this drop in production, when aggregated to a national level, is small. |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Farm credit; Credit constraint; Debt; Agricultural Finance. |
| Ano: 2007 |
URL: http://purl.umn.edu/9707 |
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| Zhao, Jianmei; Zhang, Jun. |
| This article addresses the separability issue in the context of Chinese rural households. Deviating from previous research, our test on separability is embedded in the capital market imperfections and from the perspective of farm living consumption and their production inputs. Our theoretical framework incorporates the credit constraint and predicts both separability and non-separability behavior from rural households. Empirical estimation presents the evidence of non-separability behavior for credit constrained farm families, while independent decisions on farm living consumption and their production inputs exist among unconstrained households. Our overall results reject the separability for financially constraint farm households in China. |
| Tipo: Presentation |
Palavras-chave: Credit constraint; Non-separable behavior; Switching regression; Agricultural Finance; Consumer/Household Economics; Q12; Q14; O18. |
| Ano: 2012 |
URL: http://purl.umn.edu/123950 |
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| Omonona, Bolarin T.; Lawal, Justina Oluwayemisi; Oyinlana, A.O.. |
| Sustaining and improving production efficiency of resource poor smallholder farmers under the existing credit constraint conditions require the improvement of access to credit facilities and other factors involved. The study examined the factors influencing credit constraint (CC) and production efficiency of farming households in Oyo State, Nigeria. Primary data was randomly collected using structured questionnaire from 120 mixed farmers in the study area. Data was analyzed using descriptive analysis, probit regression and stochastic frontier analysis. The results shows that 79.2 percent of the respondents were credit constrained and this has negative influence on their production efficiency as credit constrained farming households (CCFH) were found to be... |
| Tipo: Journal Article |
Palavras-chave: Credit constraint; Production efficiency; Farming households; Stochastic frontier; Nigeria; Agricultural Finance. |
| Ano: 2010 |
URL: http://purl.umn.edu/95775 |
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| Ciaian, Pavel; Pokrivcak, Jan; Szegenyova, Katarina. |
| In this paper we estimate the impact the CAP subsidies on farm bank loans. According to the theoretical results, if subsidies are paid at the beginning of the growing season they may reduce bank loans, whereas if they are paid at the end of the season they increase bank loans, but these results are conditional on whether farms are credit constrained and on the relative cost of internal and external financing. In empirical analysis we use the FADN farm level panel data to test the theoretical predictions for period 1995-2007. We employ the fixed effects and GMM models to estimate the impact of subsidies on farm loans. The estimated results suggest that (i) subsidies influence farm loans and the effects tend to be non-linear and indirect; (ii) both coupled... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Farm credit; CAP; Credit constraint; Agricultural and Food Policy; Agricultural Finance. |
| Ano: 2011 |
URL: http://purl.umn.edu/103085 |
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| Registros recuperados: 10 | |
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