Státní podpora českého zemědělského úvěru v období před vstupem do Evropské unie / Government Support of the Czech Agricultural Credit in the Period Before the Accession to the European Union [available in Czech only]

Karel Janda and Martin Čajka ()
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Martin Čajka: University of Economics, Department of Banking and Insurance, Prague, Czech Republic, http://www.vse.cz/

No 2006/15, Working Papers IES from Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies

Abstract: The paper is dealing with the credit support to the Czech agriculture provided by Supporting and Guarantee Agricultural and Forestry Fund (SGAFF) during the ten years period since the inception of its activities in 1994 do the year 2003 which preceded to the Czech entry into European Union (EU) and accession to the Common Agricultural Policy of the EU. SGAFF guaranteed relatively stable inflow of commercial bank credit for agriculture provided according to the market determined allocation, which is considered as an opposite to the administrative decisions. We evaluated the multiplication effect of the credit support which shows that one monetary unit allocated from the government budget to the support of agricultural credit secured commercial credit in the range of 3-5 monetary units.

Keywords: agriculture; credit; multiplication effect; government support (search for similar items in EconPapers)
JEL-codes: P32 Q14 Q18 (search for similar items in EconPapers)
Pages: 28 pages
Date: 2006-05, Revised 2006-05
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:fau:wpaper:wp2006_15

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