The effects of credit financing in agriculture on the domestic product in agriculture in the Republic of Serbia
In recent years, the banking sector has increasingly turned to the agricultural sector. There is a noticeable increase in the total claims of the banking sector from registered farms in the period 2012-2020, while the part of the domestic product generated by the agricultural sector also recorded gr...
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University Business Academy - Faculty of Economics and Engineering Management, Novi Sad, Serbia
2021
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oai:doaj.org-article:046e8ef710534973a0fd744e37de44492021-12-05T20:58:41ZThe effects of credit financing in agriculture on the domestic product in agriculture in the Republic of Serbia2217-54582620-022810.5937/etp2103001Rhttps://doaj.org/article/046e8ef710534973a0fd744e37de44492021-01-01T00:00:00Zhttps://scindeks-clanci.ceon.rs/data/pdf/2217-5458/2021/2217-54582103001R.pdfhttps://doaj.org/toc/2217-5458https://doaj.org/toc/2620-0228In recent years, the banking sector has increasingly turned to the agricultural sector. There is a noticeable increase in the total claims of the banking sector from registered farms in the period 2012-2020, while the part of the domestic product generated by the agricultural sector also recorded growth, but not in the same percentage as bank loans to agriculture. The aim of this paper is to examine the interdependence of the increase in total claims of banks on registered agricultural producers with the increase in the domestic product generated by the agricultural sector. The method of statistical correlation was used in this paper. The impact and changes of investment loans in agriculture, loans for working capital, but also the change in bank claims from agricultural producers based on interest and fees have been analyzed. The conclusion is that there is a connection between loans and the domestic product of the agricultural sector, but that there are other factors that have an impact, too. Although in recent years the banking sector has been more open to the agricultural sector and although loans have become more affordable, it is necessary to create conditions for even greater availability of loans to agricultural producers, which would create positive effects on agriculture.Ranisavljević DuškoUniversity Business Academy - Faculty of Economics and Engineering Management, Novi Sad, Serbiaarticleagricultural loansinvestment loans in agriculturedomestic productBusinessHF5001-6182SREkonomija: teorija i praksa, Vol 14, Iss 3, Pp 1-21 (2021) |
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agricultural loans investment loans in agriculture domestic product Business HF5001-6182 |
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agricultural loans investment loans in agriculture domestic product Business HF5001-6182 Ranisavljević Duško The effects of credit financing in agriculture on the domestic product in agriculture in the Republic of Serbia |
description |
In recent years, the banking sector has increasingly turned to the agricultural sector. There is a noticeable increase in the total claims of the banking sector from registered farms in the period 2012-2020, while the part of the domestic product generated by the agricultural sector also recorded growth, but not in the same percentage as bank loans to agriculture. The aim of this paper is to examine the interdependence of the increase in total claims of banks on registered agricultural producers with the increase in the domestic product generated by the agricultural sector. The method of statistical correlation was used in this paper. The impact and changes of investment loans in agriculture, loans for working capital, but also the change in bank claims from agricultural producers based on interest and fees have been analyzed. The conclusion is that there is a connection between loans and the domestic product of the agricultural sector, but that there are other factors that have an impact, too. Although in recent years the banking sector has been more open to the agricultural sector and although loans have become more affordable, it is necessary to create conditions for even greater availability of loans to agricultural producers, which would create positive effects on agriculture. |
format |
article |
author |
Ranisavljević Duško |
author_facet |
Ranisavljević Duško |
author_sort |
Ranisavljević Duško |
title |
The effects of credit financing in agriculture on the domestic product in agriculture in the Republic of Serbia |
title_short |
The effects of credit financing in agriculture on the domestic product in agriculture in the Republic of Serbia |
title_full |
The effects of credit financing in agriculture on the domestic product in agriculture in the Republic of Serbia |
title_fullStr |
The effects of credit financing in agriculture on the domestic product in agriculture in the Republic of Serbia |
title_full_unstemmed |
The effects of credit financing in agriculture on the domestic product in agriculture in the Republic of Serbia |
title_sort |
effects of credit financing in agriculture on the domestic product in agriculture in the republic of serbia |
publisher |
University Business Academy - Faculty of Economics and Engineering Management, Novi Sad, Serbia |
publishDate |
2021 |
url |
https://doaj.org/article/046e8ef710534973a0fd744e37de4449 |
work_keys_str_mv |
AT ranisavljevicdusko theeffectsofcreditfinancinginagricultureonthedomesticproductinagricultureintherepublicofserbia AT ranisavljevicdusko effectsofcreditfinancinginagricultureonthedomesticproductinagricultureintherepublicofserbia |
_version_ |
1718370983568474112 |