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Revista mexicana de ciencias agrícolas
versión impresa ISSN 2007-0934
Resumen
ESPINOSA ZAMORANO, Edy Gregorio y MARTINEZ DAMIAN, Miguel Ángel. Agricultural credit in Mexico. Rev. Mex. Cienc. Agríc [online]. 2017, vol.8, n.1, pp.179-187. ISSN 2007-0934. https://doi.org/10.29312/remexca.v8i1.81.
The present study analyzed the role of credit (granted by commercial banks and development banks) in the agricultural sector, through demand functions of inputs estimated with cost-translog technology. The data are annual from 1970 to 2010 of the variables agricultural gross domestic product (GDP), labor, tractors, threshing machines, phosphate fertilizers, nitrogenous and potassic, the estimation method was apparently unrelated regressions (SUR). The results show that an increase of 0.0035% of credit balances granted by the development bank promotes a 1% increase in agricultural GDP; Also, a 0.011% increase in credit balances granted by commercial banks, result in a 1% increase in agricultural GDP. This implies that a policy that encourages access to credit by development banks or commercial banks may have positive effects on the economic growth of the sector.
Palabras llave : agricultural GDP; FIRA; FND; SUR; translog cost.