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 429310
Title Dynamics of Investment for Market-Oriented Farmers in Chile
Author(s) Reyes, A.; Kuyvenhoven, A.; Lensink, R.; Moll, H.A.J.
Source In: 28th International Conference of Agricultural Economists The Global Bio-Economy, Foz do Iguacu, Brazil, 18 - 24 August, 2012. - Foz do Iguacu, Brazil : - p. 224 - 224.
Event Foz do Iguacu, Brazil : 28th International Conference of Agricultural Economists, The Global Economy, Foz do Iguacu, Brazil, 2012-08-18/2012-08-24
Department(s) Development Economics Group
WASS
Publication type Contribution in proceedings
Publication year 2012
Abstract Using panel data from a survey conducted in 2006 and 2008 of 177 market-oriented farmers in central Chile, we investigate investment under imperfect capital markets. Specifically we determine the impact of formal credit constraints on fixed investment. By controlling for endogeneity problems, we find credit constraints to have a significant negative impact on fixed investment. In addition, a time trend is significant, which we understand as evidence of the impact of the global financial crisis of 2007.
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