The Costs and Returns of Agricultural Credit Delivery
AbstractBorrower-level data from 963 agricultural lending relationships are used to examine how several factors influence the costs and returns of extending agricultural credit. The results provide estimates of the costs and returns of agricultural lending and the extent to which these costs and returns are influenced by factors such as loan volume, lender/borrower relationship factors, and contract terms. The findings indicate that economies of size exist in agricultural credit delivery and that lenders pass most of these benefits on to borrowers through lower interest rates. In addition, the impacts of lender/borrower relationship factors were relatively small. Copyright 2005, Oxford University Press.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by Cornell University, Department of Applied Economics and Management in its series Working Papers with number 127134.
Date of creation: Mar 2004
Date of revision:
Other versions of this item:
- Brent A. Gloy & Michael A. Gunderson & Eddy L. LaDue, 2005. "The Costs and Returns of Agricultural Credit Delivery," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 87(3), pages 703-716.
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Featherstone, Allen M. & Moss, Charles B., 1993. "Measuring Economies of Scale and Scope in Agricultural Banking," Proceedings: 1993 Regional Committee NC-207, October 4-5, 1993, Chicago, Illinois 131339, Regional Research Committee NC-1014: Agricultural and Rural Finance Markets in Transition.
- Gunderson, Michael A. & Gloy, Brent A. & LaDue, Eddy L., 2005. "Pricing Agricultural Loans to Account for Long-Term Default Risk," Proceedings: 2005 Agricultural and Rural Finance Markets in Transition,October 3-4, 2005; Minneapolis, Minnesota 132750, Regional Research Committee NC-1014: Agricultural and Rural Finance Markets in Transition.
- Cadot, Julien, 2011. "Collaterals, Bank Monitoring and Performance: the Case of Newly Established Wine Farmers," 2011 Annual Meeting, July 24-26, 2011, Pittsburgh, Pennsylvania 103414, Agricultural and Applied Economics Association.
- Gloy, Brent A. & LaDue, Eddy L. & Gunderson, Michael A., 2004.
"Credit Risk Migration Experienced By Agricultural Lenders,"
2004 Annual meeting, August 1-4, Denver, CO
19944, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
- Gloy, Brent A. & LaDue, Eddy L. & Gunderson, Michael A., 2004. "Credit Risk Migration Experienced By Agricultural Lenders," Working Papers 127147, Cornell University, Department of Applied Economics and Management.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (AgEcon Search).
If references are entirely missing, you can add them using this form.