News Update on Agricultural finance Research: May – 2019

Agricultural finance: Credit, credit constraints, and consequences

The theory and ways accustomed analyze the market, management, and policy parts of agricultural finance draw well on trendy finance ideas, however with important craft to the distinctive characteristics of agricultural sectors throughout the planet. each developed and developing economies area unit thought-about during this chapter. mentioned intimately area unit lender-borrower relationships, money growth and intertemporal analysis, portfolio theory and money risk, investment analysis, the money structure of agriculture, and personal and public sector suppliers of monetary capital. different key problems involve the linkages between investment and finance, and therefore the extent of credit apportionment in agriculture. [1]

Agricultural finance: an introduction to micro and macro concepts.

The book is meant to be used in collegian courses on agricultural finance, farm management and also the economic science of agriculture. Its aim is to introduce students of agricultural social science to small and macro ideas in agricultural finance. Courses at collegian level have historically been restricted in scope to the coverage of designated topics in farm monetary management and also the financial intermediaries serving agriculture. These topics are coated in elements II and IV. additionally, half III cares with the monetary structure of agriculture, its monetary linkages to the remainder of the economy, and also the effects of a amendment in financial, business or farm policy. half I presents an entire development of the scope of agricultural finance. [2]

Policy convergence and policy feedback: Agricultural finance policies in a globalizing era

In a comparative study of 5 countries: Australia, Canada, the Republic of eire, the UK, and therefore the USA, this text examines the degree of convergence of agricultural credit policy content, policy instruments, and policy outcomes on a market liberal model. It shows that every one 5 countries have moved  toward market liberal policy arrangements over the past quarter century of globalizing and domestic business pressures, however vital variations in policy stay. The Republic of eire and therefore the uk move additional toward a market liberal model than do Australia, Canada, and therefore the USA. The distinct national ways taken to plug liberalism produce to policy feedback that hastens or retards the adoption of a totally market liberal system. Historical selections of policy instruments and path dependence facilitate account for continued policy divergence. [3]

Agriculture in India

INDIA today isn’t while not its Commission, and these follow each other in speedy succession. the foremost recent one reportage is that the Royal Commission on Agriculture,1 that has been at work for the past 2 years, somewhat overshadowed recently by the Simon Commission. The short title is very deceptive, for the terms of reference cowl a lot of wider ground: these embrace the “present position of agricultural and rural economy in Bharat,” and therefore the Commission is asked to create “recommendations and to market the welfare and prosperity of the agricultural population.” Specifically mentioned besides agricultural and veterinary follow, are agricultural statistics, higher crops and improvement in follow, farming and breeding of stock, also as ways of transport and selling, agricultural finance and credit. however the intention of His Majesty’s Government is maybe additional clearly indicated by the composition of the Commission, which has no member of the Indian Agricultural Service. [4]

Constraints to Agricultural Productivity in Kainji Lake National Park, Nigeria

The aim of this analysis article was to judge the constraints to agricultural productivity in Kainji Lake parkland (KLNP). This analysis was administered between the months of Gregorian calendar month to Dec, 2011. there have been 5 districts in Kainji Lake parkland within which 3 communities were elite from every district victimisation straightforward randomized sampling technique. a complete of 600 structured questionnaires were used for this study of that forty copies were administered in every of the fifteen villages sampled within the study space. The retrieved knowledge were analysed victimisation each descriptive and inferential statistics, stepwise multiple correlation was additionally adopted to spot the contribution of agricultural constraints to the overall food production within the study space. The results showed that the year category of 11-15 years had the very best length of farmland cultivation of thirty five.8%, whereas the smallest amount farmland cultivation length was category twenty years and higher than with four.6% (Table 2). the dimensions of every which way elite farmlands within the villages all told the districts disclosed that the farm sizes but one acre had the very best usage of thirty.5%, whereas the farm sizes with the smallest amount usage was higher than five acres with sixteen.44% (Table 3). Maize and grain sorghum were the foremost usually cultivated crop, whereas Millet and Vegetables were the smallest amount cultivated crops within the study space (Table 4). The multivariate analysis of the constraints indicated that top value of human labour had the very best parametric statistic (R2 ) of zero.82, followed by the high value of transportation with (R2) zero.80, inadequate extension services had (R2) of zero.78, lack of funds and credit facilities had zero.72 R2 worth, lack of recent farming instrumentation had R2 worth of zero.60. whereas poor promoting had the smallest amount R2 worth of zero.58. there have been high levels of agricultural constraint in Kainji Lake parkland with commensurable negative impact on the survival of the encircling communities. Hence, it had been suggested that, trendy farming instrumentation ought to be provided at supported rates by the govt. to encourage agricultural productivity among the farmers within the study space. Government ought to additionally construct higher roads to ease transportation and movement of farm produces to the market centres. associate pressing intervention is needed to boost the living of those communities to avoid over-exploitation and adverse impacts on conservation and property management of Kainji Lake parkland. [5]

Reference

[1] Barry, P.J. and Robison, L.J., 2001. Agricultural finance: Credit, credit constraints, and consequences. Handbook of agricultural economics, 1, pp.513-571. (Web Link)

[2] Penson Jr, J.B. and Lins, D.A., 1980. Agricultural finance: an introduction to micro and macro concepts. Prentice-Hall, Inc. (Web Link)

[3] Coleman, W.D. and Grant, W.P., 1998. Policy convergence and policy feedback: Agricultural finance policies in a globalizing era. European Journal of Political Research, 34(2), pp.225-247. (Web Link)

[4] Agriculture in India

Naturevolume 122, pages134–135 (1928) (Web Link)

[5] Jeminiwa, O. R., Okanlawon, T. F., Taiwo, D. M., Olaoti-Laaro, S. O. and Jeminiwa, M. S. (2018) “Constraints to Agricultural Productivity in Kainji Lake National Park, Nigeria”, Asian Journal of Research in Agriculture and Forestry, 2(1), pp. 1-9. doi: 10.9734/AJRAF/2018/42853. (Web Link)

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