A Credit Migration Analysis of the Financial Vitality of Female and Racial Minority Borrowers of the Farm Service Agency under Recessionary Conditions

Xiaofei Li, Cesar Escalante () and Charles B. Dodson

No 205038, 2015 AAEA & WAEA Joint Annual Meeting, July 26-28, San Francisco, California from Agricultural and Applied Economics Association

Abstract: This paper compares the credit migration transition of female and racial minority farmers of the Farm Service Agency’s lending program using both time-discrete method and time-homogeneous Markov chain method. The estimated results indicates that racial and gender minority farms have higher financial vulnerability.

Keywords: Agribusiness; Agricultural Finance; Risk and Uncertainty (search for similar items in EconPapers)
Pages: 2
Date: 2015
New Economics Papers: this item is included in nep-ban
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea15:205038

DOI: 10.22004/ag.econ.205038

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