Agricultural credit and economic growth in rural areas

作者: Valentina Hartarska , Denis Nadolnyak , Xuan Shen

DOI: 10.1108/AFR-04-2015-0018

关键词:

摘要: Purpose – In this paper, the authors set out to establish if there is a link between finance and economic growth in rural areas. The purpose of paper evaluate relation credit by major lenders areas commercial banks Farm Credit System (FCS) institutions for period 1991-2010. Design/methodology/approach motivation work comes from empirical studies showing development financial system as well which highlights positive role long-term provided banks. use two alternative panel data sets fixed effects models estimate causal effect supply (with lagged explanatory variables) on agricultural GDP per resident. Findings find association lending resident with additional billion loans (about third actual average) associated 7-1...

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