Data/hora: 01/06/2024 02:19:03

Provedor de dados: 	31	
País: 	United States	
Título: 	Performance of Different Institutional Units in the Czech Republic and the Role of External Financing	
Autores: 	Davidova,   Sophia; Latruffe,   Laure; Ratinger,   Tomas.	
Data: 	2005-08-16	
Ano: 	2005	
Palavras-chave: 	Corporate farms; Credit; Czech Republic; Individual farms; Technical efficiency; Agribusiness.	
Resumo: 	The paper analyses the relationship between the financial structure of the different institutional units in the Czech Republic and their performance, by testing several theoretical hypotheses. It employs Data Envelopment Analysis to estimate separately corporate and individual farms' technical efficiency, and investigates the effect of indebtedness on efficiency in a second stage, accounting for potential endogeneity.  No substantial differences were detected between individual and corporate farms. For both groups higher long-term indebtedness negatively affects farm performance (agency theory and adjustment hypothesis), while the latter is used for appraising loan applications (credit evaluation). Case studies to banks and farms confirmed these findings.	
Tipo: 	Conference Paper or Presentation	
Idioma: 	Inglês	
Identificador: 	17162

http://purl.umn.edu/24421	
Editor: 	AgEcon Search	
Relação: 	European Association of Agricultural Economists&gt;94th Seminar, April 9-10, 2005, Ashford, UK

Seminar Paper	
Formato: 	15

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