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The paper empirically investigates credit access and borrowing costs in Poland's rural financial market. We conduct an … attributes and their implicit prices calculated. We proceed in two steps. In the first step, farmers' credit access is estimated … Regression des effektiven Zinssatzes, der sowohl den nominalen Zinssatz als auch zusätzliche Transaktionskosten umfasst, werden …
Persistent link: https://www.econbiz.de/10008526790
Schätzung der internen Transaktionskosten mit Hilfe von beobachteten Outputmengen und -preisen. Das empirische Modell ist ein …, dass die internen Transaktionskosten extrem hoch sind und nicht nur zu signifikanten allokativen Verzerrungen führen …, sondern darüber hinaus den strukturellen Wandel behindern. Die Verringerung der internen Transaktionskosten sollte von daher …
Persistent link: https://www.econbiz.de/10011142858
Persistent link: https://www.econbiz.de/10008575380
В статье рассматриваются сущность, теоретические основы и проблематика понятия «кредитный рынок», анализируются различные подходы к определениям «рынок» и...
Persistent link: https://www.econbiz.de/10011238700
This paper provides a numerical analysis of an intertemporal equilibrium model of a small open, barter economy that is subject to random shocks affecting endowments, the terms of trade, and the real interest rate. Equilibrium stochastic processes for macroeconomic aggregates are computed and...
Persistent link: https://www.econbiz.de/10005605153
The main characteristic of the transition from a planned to a market economy in Russia has been the barter economy. Firms are using non-monetary transactions as a result of the scarcity of the means of payment and as a means to avoid taxes and reduce fiscal obligations. The barter economy is a...
Persistent link: https://www.econbiz.de/10005697798
This paper presents a class of examples where a barter economy develops through agents' optimizing decisions into a monetary economy. A barter economy with m commodities is characterized by m(m-1)/2 commodity pair trading posts for active trade of each good for every other. Monetary equilibrium...
Persistent link: https://www.econbiz.de/10010817533
This paper elaborates on the criteria derived from economic analysis to fix when the post-socialist economic transition will end up. The fifth European Union enlargement is more a symbol than such a criterion, since the new member states will wait during a second transition period until enjoying...
Persistent link: https://www.econbiz.de/10005819387
Die Erschließung neuer Absatzkanäle im konventionellen Lebensmitteleinzelhandel hat ein rasantes Wachstum des Marktes für ökologische Lebensmittel ermöglicht. Neben positiven Effekten dieses Wachstums, wie einem erhöhten Absatz von Bio-Produkten und umfassenden...
Persistent link: https://www.econbiz.de/10009326534
Persistent link: https://www.econbiz.de/10008594251