ANALYSIS OF ECONOMIC EMERGENCY LOAN ALLOCATIONS AND CREDIT MARKET EXPANSION

dc.creatorGunter, Lewell F.
dc.creatorSmathers, Webb M., Jr.
dc.creatorIngram, Michael C.
dc.creatorDubman, Robert W.
dc.date2017-04-01T13:43:40Z
dc.date.accessioned2026-07-09T04:07:24Z
dc.descriptionThe Economic Emergency (EE) loan program, administered by the FmHA, was created by Congress in 1978. The primary purpose of the program was to provide credit to farmers who were unable to obtain credit from normal lenders due to economic stress. Over six billion dollars of EE loans were extended nationally during fiscal years 1978 through 1981. This paper examines the allocation of EE loans at the state level and the expansionary effect of the program on farm credit markets. Empirical evidence is provided that EE funds were allocated to states consistently with the general criteria cited in the development of the EE program and that the EE program expanded farm credit markets rather than displacing loans from other sources.
dc.identifierdoi:10.22004/ag.econ.29973
dc.identifierhttps://ageconsearch.umn.edu/record/29973/files/17020021.pdf
dc.identifierhttp://ageconsearch.umn.edu/record/29973
dc.identifier.urihttp://hdl.handle.net/123456789/545143
dc.languageeng
dc.publisher
dc.sourcehttp://ageconsearch.umn.edu/record/29973
dc.titleANALYSIS OF ECONOMIC EMERGENCY LOAN ALLOCATIONS AND CREDIT MARKET EXPANSION
dc.typeText

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