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This study employs primary data collected through structured questionnaires from 300 agrodealers and uses a Tobit type-II model for the analysis. The results show that interest rate, debt, value of asset, membership of trading association, and source of credit are major determinants of loan...
Persistent link: https://www.econbiz.de/10011114774
To this end, this study seeks to (1) examine the nature of risks facing small-scale farmer-borrowers in Nigeria, (2) analyze the demand for agricultural credit by farmers and highlight the key determinants of this demand, (3) ascertain the extent to which farmers are credit rationed and the...
Persistent link: https://www.econbiz.de/10011114780
resort to external funders to finance fixed export costs and investments in production capacities. We assume that sectors … allows firms to finance fixed export costs at a lower interest rate. On the other hand, financial health reduces the cost of … of trade. By increasing the cost of external finance, a financial shock increases the financial cost of exporting and …
Persistent link: https://www.econbiz.de/10011272219