Showing 1 - 10 of 37
refers to constraining impacts on farm credit through policy action or inaction. To present the ideas the author discusses …/methodology/approach – The paper is developed as a narrative on agricultural credit policies based largely on existing literature. Findings … – This paper argues that the various critiques of rural credit policy in favor of free market principles have generally not …
Persistent link: https://www.econbiz.de/10010814738
Farm Credit System. Design/methodology/approach – The paper uses the Black-Scholes model to extract the implied … – Bottom line results show that the average bond yield for a 3M Farm Credit bond from January 13th 2009 to February 10th 2011 … would be 0.3744 percent if the Farm Credit System had no GSE status, which is 13.62?bps higher than the actual bond yield …
Persistent link: https://www.econbiz.de/10010592199
This paper employs mean-variance and mean-skewness optimization to investigate farmers’ crop choices under Gross Revenue Insurance (GRIP), Whole Farm Income Insurance, the Canadian Agricultural Income Stabilization program, and its modified 2008 program AgrInvest. To our knowledge this paper...
Persistent link: https://www.econbiz.de/10009020490
Persistent link: https://www.econbiz.de/10009020748
This paper empirically estimates individual household credit demand elasticities based on 897 farm households surveyed … techniques to extract individual household credit demand functions from which we estimated point demand elasticities. From a … theoretical point of view, we proposed that as interest rates fell the demand for credit increased in elasticity, and this appears …
Persistent link: https://www.econbiz.de/10011065782
Purpose – The purpose of this paper is to provide an overview of the farm and rural credit system in China. To do this … the authors use the so-called “7 Cs” of credit (these include: Credit, Character, Capacity, Capital, Condition, Capability … a variety of credit issues in China. Findings – A number of key factors related to credit delivery and demand are found …
Persistent link: https://www.econbiz.de/10010616649
authors created within the survey a discrete-choice credit demand build to determine borrower credit demand elasticities. The … paper provides evidence that the elasticity of demand for credit is different among the three credit rationed groups: risk … China, while only risk aversion is significant in Mexico. The results suggest that efforts to enhance credit access must …
Persistent link: https://www.econbiz.de/10010891219
This paper examines the relationship between uncertainty and investment decisions by food and non-food firms. Using hysteresis and the real options paradigm, we review why uncertainty might cause firms to delay investment. In particular, our model looks for a negative relationship between...
Persistent link: https://www.econbiz.de/10010880367
This paper provides a comparison between grain farms in Ontario and Illinois. The intent is to focus on how the two regions compare, economically, and how government programs in each region differ and affect asset valuations. In general the results indicate that the two economies move in tandem...
Persistent link: https://www.econbiz.de/10010880371
Persistent link: https://www.econbiz.de/10010882243