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Expectations and the Demand for Agricultural Loans


Yusoff, Mohammed and Habibullah, Muzafar Shah (1990) Expectations and the Demand for Agricultural Loans. Pertanika, 13 (1). pp. 133-138.


The demand for agricultural loans incorporating price expectations was formulated and estimated in this study. All equations estimated indicate that the interest rate is not an important determinant of the demand for agricultural loans. But other variables such as price of output, assets and acreage are significant at 5 percent level, except for rubber and oil palm. In the rubber equation, only the price and acreage are significant, while in the oil palm equation, only the acreage is significant. The results suggest that the naive expectations model is good enough to explain the behaviour ofthefarmers in Malaysian agricultural loans market.

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Additional Metadata

Item Type: Article
Divisions: Faculty of Economics and Management
Keywords: Agricultural loans, demand and expectations
Depositing User: Nur Izyan Mohd Zaki
Date Deposited: 18 Nov 2009 03:53
Last Modified: 27 May 2013 07:03
URI: http://psasir.upm.edu.my/id/eprint/2828
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