The New Palgrave Dictionary of Economics

2018 Edition
| Editors: Macmillan Publishers Ltd

Agricultural Finance

  • Michael R. Carter
Reference work entry
DOI: https://doi.org/10.1057/978-1-349-95189-5_2494

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.

Keywords

Adverse selection Agricultural banks Agricultural finance Agricultural markets in developing countries Asymmetric information Credit markets in developing countries Credit rationing Grameen Bank Green Revolution Microcredit Moneylenders in developing countries 

JEL Classifications

Q1 
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Copyright information

© Macmillan Publishers Ltd. 2018

Authors and Affiliations

  • Michael R. Carter
    • 1
  1. 1.