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L'influence des contraintes de financement de court terme sur le profit des exploitations agricoles. Une approche non paramétrique

Stéphane Blancard, Jean-Philippe Boussemart and Kristiaan Kerstens

Economie & Prévision, 2003, vol. 159, issue 3, 71-81

Abstract: Theimpactofcreditconstraintsontheeconomicperformanceoffarmsisevaluated.FollowingFäre,GrosskopfandLee (1990), we estimate anonparametricfrontier function maximising profit with and without creditconstraints. Taking a sampleof farms from theNord-Pas-de-Calais region of Franceover theperiod 1995-1998, weobtainestimates for the lossofprofitduetolimitedaccesstothecreditsystem.Ourresultsshowthatwhilevariationsineconomicperformance between farms depend mainly on input mismanagement, credit constraints undeniably affect agricultural profits.

Keywords: efficiency; credit constraint; profit maximisation; nonparametric profit frontier (search for similar items in EconPapers)
Date: 2003
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