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Petrick, Martin. |
Empirical analysis of rural credit market failure has been of key scientific and political interest in recent years. The aim of this paper is to give an overview of various methods for measuring credit rationing of farms employed in the literature. Furthermore, based on a common analytical framework entailing a formal model of a credit rationed farm household, the methods are subjected to a comparative evaluation of their specific strengths or shortcomings. Six approaches are distinguished: measurement of loan transaction costs, analysis of qualitative information collected in interviews, analysis of quantitative information collected in interviews by using the credit limit concept, analysis of spill-over effects with regard to secondary credit sources,... |
Tipo: Working or Discussion Paper |
Palavras-chave: Agricultural finance; Credit rationing; Quantitative analysis; Micro-econometrics; Agricultural Finance; Q12; Q14. |
Ano: 2003 |
URL: http://purl.umn.edu/14926 |
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