MEASURING CREDIT RATIONING IN RURAL FINANCIAL MARKETS: A PORTUGUESE CASE STUDY

Nelson A. Aguilera and Douglas H. Graham

No 270732, 1990 Annual meeting, August 5-8, Vancouver, Canada from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: This paper analyzes an appropriate methodology for studying discriminatory credit rationing in rural credit programs with fixed interest rates. The paper demonstrates that in order to analyze credit discrimination one should have a well-defined loan demand and supply model. The criteria by which loan applications are accepted or rejected should be explicitly incorporated into the analysis. The paper also de_monstrates that the estimation of the model should consider not only data on loans granted but also on loans rejected. Finally, the empirical analysis implemented in this study shows that this loan demand and supply model is quite adequate for analyzing the discriminatory polkie'> followed for a rural credit program in Portugal after the 1974 Revolution.

Keywords: Community/Rural/Urban Development; Financial Economics; International Development (search for similar items in EconPapers)
Pages: 16
Date: 1990-08-05
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://ageconsearch.umn.edu/record/270732/files/aaea-1990-009.pdf (application/pdf)
https://ageconsearch.umn.edu/record/270732/files/a ... 9.pdf?subformat=pdfa (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea90:270732

DOI: 10.22004/ag.econ.270732

Access Statistics for this paper

More papers in 1990 Annual meeting, August 5-8, Vancouver, Canada from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association) Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().