Investment and financial constraints in Hungarian agriculture

被引：30

作者：

Bakucs, Lajos Zoltan ^{[1
]}

Ferto, Imre ^{[1
,2
]}

Fogarasi, Jozsef ^{[3
]}

机构：

[1] Hungarian Acad Sci, Inst Econ, H-1112 Budapest, Hungary

[2] Corvinus Univ Budapest, H-1093 Budapest, Hungary

[3] Agr Econ Res Inst Budapest, H-1093 Budapest, Hungary

来源：

ECONOMICS LETTERS | 2009年 / 104卷 / 03期

关键词：

Farm investment; Financial constraints; Soft budget constraint; Transition agriculture; TRANSITION ECONOMIES; BUDGET CONSTRAINT; FARM INVESTMENT; POLAND;

D O I：

10.1016/j.econlet.2009.04.019

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

We investigate credit market imperfections in Hungarian agriculture. Farmers with low debts and using mainly rented land are liquidity constrained. We find also evidence for the presence of soft budget constraint for high debt and corporate farms. (C) 2009 Elsevier B.V. All rights reserved.

引用

页码：122 / 124

页数：3

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