Sabiia Seb
PortuguêsEspañolEnglish
Embrapa
        Busca avançada

Botão Atualizar


Botão Atualizar

Registro completo
Provedor de dados:  AgEcon
País:  United States
Título:  Productivity and Credit Constraints Firm-Level Evidence from Propensity Score Matching
Autores:  Ciaian, Pavel
Falkowski, Jan
Kancs, d'Artis
Pokrivcak, Jan
Data:  2011-11-04
Ano:  2011
Palavras-chave:  Agricultural and Food Policy
Agricultural Finance
Political Economy
Resumo:  Factor Markets Coordination: Centre for European Policy Studies (CEPS), Brussels, Belgium

Drawing on a unique, farm-level panel dataset with 37,409 observations and employing a matching estimator, this paper analyses how farm access to credit affects farm input allocation and farm efficiency in the Central and Eastern European transition countries. We find that farms are asymmetrically credit constrained with respect to inputs. Farm use of variable inputs and capital investment increases up to 2.3% and 29%, respectively, per €1,000 of additional credit. Our estimates also suggest that farm access to credit increases total factor productivity up to 1.9% per €1,000 of additional credit, indicating that an improvement in access to credit results in an adjustment in the relative input intensities on farms. This finding is further supported by a negative effect of better access to credit on labour, suggesting that these two are substitutes. Interestingly, farms are found not to be credit constrained with respect to land.
Tipo:  Working or Discussion Paper
Idioma:  Inglês
Identificador:  ISBN-13: 978-94-6138-127-9

http://purl.umn.edu/117484
Relação:  Factor Markets>Centre for European Policy Studies>Working Papers
Factor Markets Working Papers
No. 3
Formato:  29
Fechar
 

Empresa Brasileira de Pesquisa Agropecuária - Embrapa
Todos os direitos reservados, conforme Lei n° 9.610
Política de Privacidade
Área restrita

Embrapa
Parque Estação Biológica - PqEB s/n°
Brasília, DF - Brasil - CEP 70770-901
Fone: (61) 3448-4433 - Fax: (61) 3448-4890 / 3448-4891 SAC: https://www.embrapa.br/fale-conosco

Valid HTML 4.01 Transitional