MORAL HAZARD IN THE USE OF AGRICULTURAL CREDITS BY IRANIAN FARMERS: A CASE STUDY DEZFUL TOWNSHIP
The presence of moral hazard in the use of the granted facilities in the agricultural sector is among the most important challenges of Iran's agricultural system. Given the high degree of such moral hazard in Dezful Township, in the present study the factors influencing it, has been examined...
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| Format: | Article |
| Language: | English |
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University of Agricultural Sciences and Veterinary Medicine, Bucharest
2017-12-01
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| Series: | Scientific Papers Series : Management, Economic Engineering in Agriculture and Rural Development |
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| Online Access: | http://managementjournal.usamv.ro/pdf/vol.17_4/Art3.pdf |
| Summary: | The presence of moral hazard in the use of the granted facilities in the agricultural sector is among the most important
challenges of Iran's agricultural system. Given the high degree of such moral hazard in Dezful Township, in the
present study the factors influencing it, has been examined in this city. In this study the binary Logit model was used
and the data was obtained randomly through questionnaire from 249 farmers who were granted farm facilities in the
year 2015. The study results showed that the variables like age, having occupation other than farming and the loan
interest rate have a positive effect on the moral hazard and the other variables including the education level, the
education major, income level, size of irrigated lands, having break period, experts visit and the degree of
mechanization have negative effect on the moral hazard in farm facilities. Making the necessary predictions and
implementing regular visits upon granting the facilities and considering the personal qualifications like holding
agricultural related degrees are among the most important recommendations of the present study in order to reduce
the moral hazard in Dezful township. |
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| ISSN: | 2284-7995 2285-3952 |