Staff Publications

Staff Publications

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    'Staff publications' is the digital repository of Wageningen University & Research

    'Staff publications' contains references to publications authored by Wageningen University staff from 1976 onward.

    Publications authored by the staff of the Research Institutes are available from 1995 onwards.

    Full text documents are added when available. The database is updated daily and currently holds about 240,000 items, of which 72,000 in open access.

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Record number 417194
Title The Credit Constraints of Market-Oriented Farmers in Chile
Author(s) Reyes, A.; Lensink, B.W.
Source Journal of Development Studies 47 (2011)12. - ISSN 0022-0388 - p. 1851 - 1868.
DOI https://doi.org/10.1080/00220388.2011.579111
Department(s) Development Economics Group
WASS
Publication type Refereed Article in a scientific journal
Publication year 2011
Keyword(s) imperfect information - rural credit - peruvian agriculture - bank loans - short-term - choice - debt - reputation - impact
Abstract Using data from two surveys conducted in 2006 and 2008 with 177 farmers, this article determines whether market-oriented farmers in central Chile are credit constrained, and it identifies the main factors that influence formal credit provision. In so doing, this study explicitly tests whether social capital variables play a role in determining credit constraints. That is, the authors explore the determinants of classifications into four categories of credit provision and rationing, using a panel multinomial logit model. The results suggest that most market-oriented farmers are unconstrained. Empirical evidence supports the importance of relationship variables for improving access to financial capital
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