Skip Navigation

This Article
Right arrow Full Text (PDF)
Right arrow Alert me when this article is cited
Right arrow Alert me if a correction is posted
Services
Right arrow Email this article to a friend
Right arrow Similar articles in this journal
Right arrow Similar articles in ISI Web of Science
Right arrow Alert me to new issues of the journal
Right arrow Add to My Personal Archive
Right arrow Download to citation manager
Right arrow Search for citing articles in:
ISI Web of Science (4)
Right arrowRequest Permissions
Google Scholar
Right arrow Articles by Petrick, M.
Right arrow Search for Related Content
Related Collections
Right arrow D13 - Household Production and Intrahousehold Allocation
Right arrow P23 - Factor and Product Markets; Industry Studies; Population
Right arrow P32 - Collectives; Communes; Agriculture
Right arrow Q12 - Micro Analysis of Farm Firms, Farm Households, and Farm Input Markets
Right arrow Q14 - Agricultural Finance
Social Bookmarking
Add to CiteULike   Add to Connotea   Add to Del.icio.us  
What's this?

European Review of Agriculture Economics Vol 31 (1) (2004) pp.77-101
European Review of Agricultural Economics vol. 31 no. 1 © Oxford University Press and Foundation for the European Review of Agricultural Economics 2004; all rights reserved

A microeconometric analysis of credit rationing in the Polish farm sector

Martin Petrick

Institute of Agricultural Development in Central and Eastern Europe (IAMO), Halle (Saale), Germany

Received December 2002; Revision received November 2003.

Summary

The objective of this paper is to investigate credit rationing of Polish farms. The analysis is based on cross-section survey data and motivated by a microeconomic farm household model. The results suggest that more than 40 per cent of borrowers experience pronounced credit rationing by rural banks. Credit-rationed households display an average marginal willingness to pay for short-term credit of 209 per cent net of principal. Furthermore, household variables have a significant effect on output supply. Demographic characteristics and a lack of collateral are major determinants of credit rationing. Public interest rate subsidisation contributes little to alleviate rationing of farms.

Keywords: credit rationing, agricultural household model, interest subsidy, microeconometrics, Poland


Add to CiteULike CiteULike   Add to Connotea Connotea   Add to Del.icio.us Del.icio.us    What's this?




Disclaimer: Please note that abstracts for content published before 1996 were created through digital scanning and may therefore not exactly replicate the text of the original print issues. All efforts have been made to ensure accuracy, but the Publisher will not be held responsible for any remaining inaccuracies. If you require any further clarification, please contact our Customer Services Department.