頁籤選單縮合
題 名 | Simultaneity and Structural Change in Farm Credit Demand |
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作 者 | Pan,Tian-jinn; | 書刊名 | 基層金融 |
卷 期 | 35 1997.09[民86.09] |
頁 次 | 頁169-202 |
分類號 | 431.33 |
關鍵詞 | Farm capital and credit; Structural change; Endogeneity test; |
語 文 | 英文(English) |
英文摘要 | A farm credit demand system is developed in order to test the endogeneity of prices and quantities in the U.S. farm credit demand system. The farm loan demand models have all the desirable theoretical properties. Using annual data, both price and quantity are endogenous in the demand model for FCS real estate loans. Either price or quantity is predetermined in other farm loan demand models. Changes in supply-side variables explain much of the apparent shift in aggregate farm loan, ral estate loan, and non-real estate loan demand. Thus, the hypotheses of both price and quantity are predetermined, no structural change in demand, and no real change in preference within the U.S. farm credit demand system are rejected. |
本系統中英文摘要資訊取自各篇刊載內容。