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The impact of credit constraints on the performance of Chinese agricultural wholesalers

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The impact of credit constraints on the performance of Chinese agricultural wholesalers
文献类型:期刊
通讯作者:Hu, LF (reprint author), China Univ Polit Sci & Law, Capital Finance Inst, 25 Xitucheng Lu,Sci Res Bldg B434, Beijing 100088, Peoples R China.
期刊名称:APPLIED ECONOMICS
年:2019
卷:51
期:35
页码:3864-3875
ISSN:0003-6846
关键词:Credit constraint; agriculture; wholesaler; stochastic frontier; China
所属部门:农业与农村发展学院
摘要:This article evaluates the impact of credit constraints on the performance of Chinese agricultural wholesalers. We estimate a stochastic frontier function using transaction and credit data of agricultural wholesalers from across China to estimate the efficiency and productivity impacts of credit constraints on sales of affected agricultural wholesalers. Empirical results show that micro- and smaller wholesalers are disproportionally impacted by credit constraints and that eliminating these const ...More
This article evaluates the impact of credit constraints on the performance of Chinese agricultural wholesalers. We estimate a stochastic frontier function using transaction and credit data of agricultural wholesalers from across China to estimate the efficiency and productivity impacts of credit constraints on sales of affected agricultural wholesalers. Empirical results show that micro- and smaller wholesalers are disproportionally impacted by credit constraints and that eliminating these constraints would increase the sales of affected agricultural wholesalers by approximately 15%. Thus, policies aimed at providing credit access for these wholesalers would significantly boost the performance of smaller agricultural wholesalers while improving the overall performance of the Chinese food supply chain without requiring additional non-credit inputs. ...Hide

DOI:10.1080/00036846.2019.1584385
百度学术:The impact of credit constraints on the performance of Chinese agricultural wholesalers
语言:外文
人气指数:2
浏览次数:2
基金:Zwick Center for Food and Resource Economics at the University of Connecticut; National Natural Science Foundation of ChinaNational Natural Science Foundation of China [71633005]
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