• 主题
高级搜索  >
历史搜索 清空历史
首页> 外文期刊>Canadian Journal of Agricultural Economics >Credit risk and the demand for agricultural loans
【24h】

Credit risk and the demand for agricultural loans

机译：信用风险与农业贷款需求

获取原文
获取原文并翻译 | 示例
           
页面导航
  • 摘要
  • 著录项
  • 相似文献
  • 相关主题

摘要

The paper develops further the theory of the lender-borrower relationship and uses insights gained from this theory to estimate empirically loan contracts (demand) made to Canadian farmers through the Farm Credit Corporation between 1981 and 1988. The theoretical model shows that loan contract curves can have backward-bending properties, which are the result of loan default properties. The empirical results confirm, for 16 pooled risk classes representing different regions and commodity groupings across Canada, that different demand functions emerge according to different degrees of risk. There is some evidence of credit rationing in the Prairie crop loan portfolio, since the loan contract curve is backward-bending. Loan elasticities with respectto changes in interest rates ranged from -0.55 to -4.06.
机译：本文进一步发展了贷方-借款人关系的理论，并利用从该理论中获得的见解，以经验估计了1981年至1988年间通过农业信贷公司向加拿大农民签订的贷款合同（需求）。该理论模型表明，贷款合同曲线可以具有向后弯曲的属性，这是贷款违约属性的结果。实证结果证实，对于代表加拿大不同地区和商品组的16种汇总风险类别，根据不同风险程度出现了不同的需求函数。有迹象表明，大草原农作物贷款组合中存在信贷配给的迹象，因为贷款合同曲线向后弯曲。利率变化的贷款弹性范围为-0.55至-4.06。

著录项

相似文献

  • 外文文献
  • 中文文献
  • 专利
获取原文

客服邮箱：kefu@zhangqiaokeyan.com

京公网安备：11010802029741号 ICP备案号：京ICP备15016152号-6 六维联合信息科技 (北京) 有限公司©版权所有

  • 客服微信

  • 服务号