Credit Rationing of North Dakota Agribusiness
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Results from a stratified, random, cross-sectional mail survey of 272 North Dakota agribusinesses found limited evidence of external credit rationing. Only 8 percent of the firms would be willing to pay a premium for additional financing. Consequently, credit rationing that did exist was internal. The study also provided information on the financial characteristics of agribusiness firms operating in the input, output and service sectors.