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Financial Intermediation in Agriculture: A Suggested Analytical Model*

Published online by Cambridge University Press:  28 April 2015

Peter J. Barry  and
John A. Hopkin
Peter J. Barry
Affiliation:
Texas A&M University
John A. Hopkin
Affiliation:
Texas A&M University
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Extract

Money and capital markets exist to provide an exchange system for debt and equity instruments-money substitutes with time dimensions. This financial intermediation process is a two-way flow. The funds-flow originates with savers and terminates with the ultimate borrowers or users of the saved funds. The securities flow originates with ultimate borrowers and ends with primary savers. In addition to savers and borrowers, the principal participants are the financial intermediaries: those firms in which (a) claims on and to others dominate among assets and liabilities and (b) economic activities center upon the purchase and sale of such claims.

Type
Research Article
Information
Journal of Agricultural and Applied Economics , Volume 4 , Issue 1 , July 1972 , pp. 179 - 183
Copyright
Copyright © Southern Agricultural Economics Association 1972

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Footnotes

*

Texas Agr. Exp. Sta. Technical Article No. 9420

References

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