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SOME ASPECTS OF THE RURAL CREDIT MARKET
Author(s) -
Jarrett Frank G.,
Dillon John L.
Publication year - 1965
Publication title -
australian journal of agricultural economics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.683
H-Index - 49
eISSN - 1467-8489
pISSN - 0004-9395
DOI - 10.1111/j.1467-8489.1965.tb00337.x
Subject(s) - profitability index , market liquidity , interest rate , business , rural sector , financial system , economics , agriculture , finance , geography , archaeology
It is argued in this article that over the period from 1948 to 1963, lending to the rural sector by both trading banks and pastoral houses was characterized by an unsatisfied fringe of potential borrowers. Estimates are presented of the effects on rural lending by these agencies of changes in interest rate, bank liquidity, the relative profitability of wool growing and certain other variables.