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Analyzing the Impact of Structural Change in Iranian Agricultural Credit System AgEcon
Yazdani, Saeed.
Replacement of the traditional interest based credit system with an Islamic credit system was one of the fundamental changes in Iran since 1979. The Islamic credit system, offers the prospect of risk sharing between the borrower and the lender. Small farmers are likely to be risk averse and they are reluctant to go heavily into debt in order to finance investments in new technology and capital intensive methods of production which they perceive to be risky. Farmer's decision making behaviour with regard to risk under the Islamic and interest based credit systems are explored with the aid of a simple conceptual model. Analysis of attitudinal data suggests that the majority of small farmers prefer credit provided under the Islamic credit system. Farmers'...
Tipo: Journal Article Palavras-chave: Islamic credit System; Iran; Agriculture; Risk sharing; Agricultural Finance; Risk and Uncertainty.
Ano: 2006 URL: http://purl.umn.edu/44109
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Asymmetric Price Transmission and Non-linear Adjustment in the Iranian Mutton Market AgEcon
Falsafian, Azadeh; Yazdani, Saeed; Moghaddasi, Reza.
This paper analyses the asymmetric price transmission and non-linear adjustment at the farm and retail levels in the Iran’s mutton market. We applied a multivariate threshold error correction mechanism for monthly price data. We tested the non-linear adjustment using sup-LR, sup-LM and sup-Wald tests. The results confirm the presence of non-linear cointegration relationship between the retail and farm prices. In short-run, the price transmission behavior reveals that reactions of both the retail and farm prices to positive and negative deviations from the long-run price spread are asymmetric. More specially, the retailers show more strong responses to the both positive and negative shocks imposed to the farmers.
Tipo: Conference Paper or Presentation Palavras-chave: Threshold Cointegration; Non-linearity; Mutton; Price; Iran; Livestock Production/Industries.
Ano: 2011 URL: http://purl.umn.edu/114363
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Agricultural Producer Support Policy in Iran and Selected Countries AgEcon
Yazdani, Saeed; Vaezi, L..
Agricultural policies in Iran have aimed at achieving self-sufficiency in food productions through the government various policies. The aim of this paper is to examine the current level of protection which may exist in agricultural sector in Iran and other countries. The results indicate that the PSE in Iran is much higher than the OECD and is close to Japanese and Korean PSE percentage (i.e. 58 and 64 percent). The broadest indicator of support representing the sum of transfers to agricultural producers (PSE), expenditure for general services (GSSE), and direct budgetary transfers to consumers, reached 83 billion Dollars per year in 2001-2005 which is almost equivalent to 13.4 percent of Iran’s GDP in this period. This is much...
Tipo: Journal Article Palavras-chave: Iran; Producers; Support Policy; PSE; GSSE; Agricultural and Food Policy; Q18.
Ano: 2009 URL: http://purl.umn.edu/58063
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