The effect of soft budget constraint and credit-market imperfections on investments in Hungarian agriculture

• Autorzy: Ferto I. , Bakucs L.Z. , Fogarasi J.
• Języki publikacji: HU

Abstrakty

EN

The study uses econometric methods to examine imperfections in Hungarian agriculture in the 2001-5 period. The findings confirm the presence of credit-market imperfections in the whole sample examined. Financing constraints are faced by farms with a low stock of debt, mainly farming rented land. Further calculations show the presence of softness of the budget constraint on highly indebted agricultural firms.

Słowa kluczowe

EN

HUNGARIAN AGRICULTURE IMPERFECTIONS; SOFT BUDGET CONSTRAINT

• Wydawca: Committee for Economic Sciences of the Hungarian Academy of Sciences
• Czasopismo: Kozgazdasagi Szemle (Economic Review)
• Rocznik: 2007
• Tom: 54
• Numer: 4
• Strony: 322-333
• Rodzaj publikacji: ARTICLE

Twórcy

autor

Ferto I.

autor

Bakucs L.Z.

autor

Fogarasi J.

• I. Ferto, no address given, contact the journal editoer

Identyfikatory

CEJSH db identifier

07HUAAAA02996141