Agricultural credit association efficiencies over time and with mergers

IF 1.3 Q3 AGRICULTURAL ECONOMICS & POLICY
Yurou He, L. Tauer
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引用次数: 1

Abstract

Efficiencies of Agricultural Credit Associations of the US Farm Credit System are measured quarterly from 2005 through 2020. A slacks-based measure based on the directional distance function is used with non-performing loans included as an undesirable output. This permitted efficiency scores to be measured by type of defined input or output. Generally, most Associations were highly efficient, but there was deterioration in mean efficiency over the years 2008–2018, a period of financial difficulties in the US agriculture. Efficiencies of Associations that merged or consolidated were tracked before and after these activities. Mergers and consolidations often led to increased efficiencies.
随着时间的推移和合并,农业信贷协会的效率
从2005年到2020年,美国农业信贷体系的农业信贷协会的效率每季度进行一次评估。在不良贷款作为不良输出的情况下,采用基于方向距离函数的松弛度量。这样就可以根据定义的输入或输出类型来衡量效率得分。总体而言,大多数协会都是高效的,但在2008-2018年美国农业财政困难时期,平均效率有所下降。在这些活动之前和之后跟踪合并或合并的协会的效率。兼并和合并通常会提高效率。
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来源期刊
Agricultural and Resource Economics Review
Agricultural and Resource Economics Review AGRICULTURAL ECONOMICS & POLICY-
CiteScore
2.20
自引率
0.00%
发文量
23
审稿时长
19 weeks
期刊介绍: The purpose of the Review is to foster and disseminate professional thought and literature relating to the economics of agriculture, natural resources, and community development. It is published twice a year in April and October. In addition to normal refereed articles, it also publishes invited papers presented at the annual meetings of the NAREA as well as abstracts of selected papers presented at those meetings. The Review was formerly known as the Northeastern Journal of Agricultural and Resource Economics
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