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  • 标题:CREDIT LEVEL INFLUENCING FACTORS AT HUNGARIAN FARMS
  • 本地全文:下载
  • 作者:Toth Kristof ; Toth Jozsef
  • 期刊名称:Annals of the University of Oradea : Economic Science
  • 印刷版ISSN:1222-569X
  • 电子版ISSN:1582-5450
  • 出版年度:2012
  • 卷号:XXI
  • 期号:2
  • 页码:533-537
  • 出版社:University of Oradea
  • 摘要:

    In this paper we estimate the impact of different factors on creditability of agricultural farms. According to the literature the collateral (tangible assets), the farm size, productivity, and subsidies should have significant effects on farm loans. We use data from the Hungarian Farm Accountancy Data Network to test our two hypotheses and theoretical assumptions for the period 2001-2010. Because of using panel data, we do our estimations using fixed effects econometrics model to test our assumptions. The results indicate that the chosen factors have significant influence on total liabilities and short- and long-term loans as well. With specially interest of subsidies the growing level of supports decrease the need of other financial tools. At output factors (inclusive farm size) have significant and positive effect, same as collateral (tangible assets).

  • 关键词:credit; output; collateral; subsidies; farm size
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