Credit constraints and productivity in Peruvian agriculture

This article evaluates the performance of a rural credit market in Peru. We develop a model that shows that collateral requirements imposed by lenders in response to asymmetric information can lead not just to quantity rationing but also to transaction cost rationing and risk rationing. Just like qu...

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Veröffentlicht in:	Agricultural economics 2008-11, Vol.39 (3), p.295-308
Hauptverfasser:	Guirkinger, Catherine, Boucher, Stephen R
Format:	Artikel
Sprache:	eng
Schlagworte:	Agricultural production agriculture Credit constraints Credit rationing D82 O13 O16 Peru Risk rationing
Online-Zugang:	Volltext
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