Trader-lenders in the rural LDC credit market
1991
Esguerra, E.F. | Fabella, R.V.
The lending behavior of rural traders in a linked credit-output transaction are modeled. The likelihood of credit involvement with a trader rises with farmed area, with the combination of enforceability of repayment and demand elasticity and with the likelihood of procurement of marketable surplus by the trader. Data from the Philippines confirm these claims.
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