Abstract
Economic analysis of agricultural finance has traditionally focused on access to capital in the agricultural sector. Key concerns have included patterns of non-price rationing in agricultural credit markets, the institutions and contracts that provide credit to agricultural producers, the implications of the conditions of capital access on agricultural growth and rural income distribution, and the role of the public sector in agricultural credit markets. More recently, the analysis of agricultural finance has expanded beyond these credit-centred concerns to consider systemic approaches to rural finance that address risk and insurance, savings services and the provision of credit.
This chapter was originally published in The New Palgrave Dictionary of Economics, 2nd edition, 2008. Edited by Steven N. Durlauf and Lawrence E. Blume
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Carter, M.R. (2008). Agricultural Finance. In: The New Palgrave Dictionary of Economics. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-349-95121-5_2494-1
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DOI: https://doi.org/10.1057/978-1-349-95121-5_2494-1
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