Do Farm Credits Stimulate Development of Agriculture in Poland?
Author InfoSiudek, Tomasz Abstract In Poland, farmers rely primarily on cooperative banks for agricultural credit. Therefore, the paper attempt is to examine the impact of agricultural credits disbursed by the cooperative banks on regional development of agricultural sector in Poland over 1997- 2006. Sources of data include financial statements of the banks (1373 observations) providing credit-related information and sectoral background data for agriculture from Central Statistical Office of Poland. The levels of agricultural development were assessed using a nation-level and regional-level composite indicators constructed by the author by the use of factor analysis. Additionally, one-factor ANOVA, Pearson correlations and linear regression were applied. There was found, that the most prosperous agricultural regions include wielkopolskie, zachodniopomorskie and warminsko-mazurskie, the least prosperous malopolskie, podkarpackie, slaskie and swietokrzyskie voivodships. Results of econom
