Evidence for the Reliance of Equities on Liquidity and Bank Credit in the Agriculture Sector in Turkey
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Tarih
2019
Yazarlar
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
Erişim Hakkı
info:eu-repo/semantics/openAccess
Özet
The study aims to determine the potential of a long-run relation among liquidity indicators and equities in theagriculture sector along with the usage of bank credit. The study runs general linear regressions for which itshares the results and it adds up a set of supplementary analysis on stability diagnostics including leverageplots and recursive estimation. The significant findings reveal that the level of equities in the agriculturesector is a function of bank credit used at a level which could also be predicted by the first two famousliquidity indicators namely current ratio and acid-test ratio. Therefore, any incentive easing the access to bankcredit finance for the firms of agriculture sector would better be substituted with other encouragements whichwill rather promote the accumulation of equities so as to attain a sustainable finance with healthy liquid assetsand the limited bank credit contribution.
Açıklama
Anahtar Kelimeler
Tarımsal Ekonomi ve Politika, İktisat
Kaynak
Alatarım
WoS Q Değeri
Scopus Q Değeri
Cilt
18
Sayı
2
