The demands for funds by agricultural households : evidence from rural India
The demands for funds by agricultural households : evidence from rural India
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DOI：
10.1080/00220388308421889
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发表时间：
1983-10
影响因子：
2.9
通讯作者：
F. Iqbal
中科院分区：
文献类型：
--
作者：
F. Iqbal
本研究根据印度农村家庭数据对借贷函数进行了估计。它改进了三个关键领域的现有工作。首先，现有研究对资金需求的定义不恰当，纠正后会产生截然不同的结果。其次，对农业技术变革与农村金融市场之间的相互作用进行了考察，结果表明，能够从技术变革中受益的农民往往会增加借贷并面临较低的利率。第三，研究表明，当内生引入时，农场特定利率对个人和地点特征非常敏感，并且是借贷的重要决定因素。
This study presents estimates of borrowing functions based on rural household data for India. It improves upon existing work in three key areas. First, it is shown that existing studies have used an inappropriate definition of the demand for funds, which when rectified produces quite different results. Second, the interaction between agricultural technical change and the rural finance market is examined and it is shown that farmers in a position to benefit from technical change tend both to borrow more and to face lower interest rates. Third, it is shown that farm specific interest rates, when introduced endogenously, are quite sensitive to personal and locational characteristics and are significant determinants of borrowing.