It is argued in this article that over the period from 1948 to 1963, lending to the rural sector by both trading banks and pastoral houses was characterized by an unsatisfied fringe of potential borrowers. Estimates are presented of the effects on rural lending by these agencies of changes in...

Some hypotheses about the timing of farmers becoming aware of an innovation and the subsequent decision to use that innovation are derived from a recently developed, decision-theoretic model of the adoption process. They are tested using empirical evidence on the time taken by early adopters of...