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The Roles of Commercial Credit and Direct Subsidies in Czech Agriculture During Early Transition

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Author Info
Janda, Karel

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Abstract

This paper provides an econometric estimation of the influence of individual social-economic, natural, and technological determinants of the credit provision for the agriculture in the case of the Czech Republic. The regression model is based on the microeconomic model of the maximization of the bank’s profit. The results of this paper show that the support of agricultural credit provided by Guarantee Fund goes primarily to the areas with a good conditions for the development of agricultural production. On the other hand, the direct government subsidies are targeted primarily to the areas with non-favourable natural conditions.

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File URL: http://mpra.ub.uni-muenchen.de/17005/
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Publisher Info
Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 17005.

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Date of creation: 29 Aug 2009
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Handle: RePEc:pra:mprapa:17005

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Related research
Keywords: Subsidies; Guarantees; Rural Development;

Find related papers by JEL classification:
R51 - Urban, Rural, and Regional Economics - - Regional Government Analysis - - - Finance in Urban and Rural Economies
Q14 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Finance

This paper has been announced in the following NEP Reports:

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  1. White, Halbert, 1980. "A Heteroskedasticity-Consistent Covariance Matrix Estimator and a Direct Test for Heteroskedasticity," Econometrica, Econometric Society, vol. 48(4), pages 817-38, May. [Downloadable!] (restricted)
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This page was last updated on 2009-12-5.

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