Abstract

PEREZ BALDERAS, Naty Adriana et al. Commercial loans, a financing alternative. Case: Padelma Sugar, S. P. R. de R. L. Rev. Mex. Cienc. Agríc [online]. 2015, vol.6, n.8, pp.1819-1832. ISSN 2007-0934.

In the rural sector, credit serves as a factor of investment with a further benefit, helping in the production process and therefore the development and its improvement. Resources are not always enough, so the farmers seek alternatives to meet their economic and personal needs. For this reason, this research aims to identify the determining factors in the probability of sugarcane growers that have commercial credit as a financing alternative. As well as making a comparison of results in probit and logit model of the determinants of trade credit. The research was conducted as a case study of sugarcane growers affiliated to Padelma Sugar, S. P. R. de R. L. (Society of Rural Production of Limited Responsibility) located in Paso del Macho, Veracruz. In 2013 a sampling study was conducted by probability to 90 sugarcane growers. Binary probit and logit model was estimated, where commercial credit is the dependent variable. It was concluded that producer age, years of education of the producer and yield cultivation, are factors statistically significant that influence the possibility to access a loan for the sugarcane producers. Finally, in the comparison of both models, the results show consistency with the theoretical and statistically established, as it was concluded that the marginal effects are quite similar and the significant variables that influence the probability of commercial credit in the sugarcane growers are the same.

Keywords : logit; probit; rural sector.

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