| Registro completo |
| Provedor de dados: |
AgEcon
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| País: |
United States
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| Título: |
Agricultural and Rural Capital Markets in the EU Candidate Countries: Croatia, the Former Yugoslav Republic of Macedonia and Turkey
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| Autores: |
Bojnec, Stefan
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| Data: |
2011-11-04
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| Ano: |
2011
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| Palavras-chave: |
Capital market
Agriculture and rural areas
European Union
Candidate countries
Agricultural and Food Policy
Agricultural Finance
Political Economy
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| Resumo: |
Factor Markets Coordination: Centre for European Policy Studies (CEPS), Brussels, Belgium
This paper analyses agricultural and rural capital factor markets in the three European Union candidate countries: Croatia, the Former Yugoslav Republic (FYR) of Macedonia and Turkey. Aggregate capital market indicators and their dynamics, and factors driving agricultural and rural capital markets are analysed and compared in these countries. In general, agricultural and rural capital markets show similarities with general capital market developments, but agricultural and rural capital markets are facing specific credit constraints related to agricultural assets and rural fixed asset specificities, which constrain their mortgages and collateral use. Credit market imperfections have limited access to the investment credits necessary for the restructuring of small-scale individual farms. Government transfers are used to differing extents in the candidate countries, but generally tend to increase over time. Remittances and donor funds have also played an important role in agricultural and rural economy investments.
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| Tipo: |
Working or Discussion Paper
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| Idioma: |
Inglês
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| Identificador: |
ISBN-13: 978-94-6138-140-8
http://purl.umn.edu/117489
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| Relação: |
Factor Markets>Centre for European Policy Studies>Working Papers
Factor Markets Working Papers
No. 8
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| Formato: |
12
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