Modelling credit and private investment in Greek agriculture
Summary A simultaneous equation model is presented, describing the demand for credit and investments by Greek farmers. The level of credit is shown to have a strong influence on investment, particularly buildings. Reduced form equations show that a single percentage point price rise eventually leads...
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Veröffentlicht in: | European review of agricultural economics 1983, Vol.10 (4), p.389-402 |
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creator | BALTAS, N.C. |
description | Summary A simultaneous equation model is presented, describing the demand for credit and investments by Greek farmers. The level of credit is shown to have a strong influence on investment, particularly buildings. Reduced form equations show that a single percentage point price rise eventually leads to Drs. 37 mio more investments, of which 60% is financed by loans from the Agricultural Bank of Greece. |
doi_str_mv | 10.1093/erae/10.4.389 |
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source | Periodicals Index Online; Oxford Journals Archive |
title | Modelling credit and private investment in Greek agriculture |
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