The Impact of Agrarian Reform on Credit Markets in the Aquaculture Sector

Gilberto M. Llanto and Marife T. Magno

No DP 1994-09, Discussion Papers from Philippine Institute for Development Studies

Abstract: This study focuses on the impact of Comprehensive Agrarian Reform Program on the industry’s access to formal finance. The paper has the following objectives: documentation and assessment of bank’s reaction to the program, determination of differences in bank’s approach to lending to aquaculture sector, investigation whether scale economies exist in the sector and description/analysis of the credit behavior and farming activities focusing on prawn/milkfish growers and fishpond lease agreement holders.

Keywords: trade sector; collateral; credit market; Comprehensive Agrarian Reform Program (CARP); aquaculture sector; milkfish production; prawn production; credit rationing; profitability and feasibility (search for similar items in EconPapers)
Pages: 122
Date: 1994
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