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Dergiler / Alatarım / 2019 / Cilt: 18 - Sayı: 2

Evidence for the Reliance of Equities on Liquidity and Bank Credit in the Agriculture Sector in Turkey

Türkiye Tarım Sektörü Örneğinde Öz Kaynakların Likidite ve Banka Kredisi Bağımlılığı

Ali Faruk AÇIKGÖZ
Celal DEMİRKOL
Sudi APAK
Sayfa
144–154
DOI
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⚡ TL;DR(1 Cümlede Hızlı Çıkarım)

Therefore, any incentive easing the access to bank credit finance for the firms of agriculture sector would better be substituted with other encouragements which will rather promote the accumulation of equities so as to attain a sustainable finance with healthy liquid assets and the limited bank credit contribution.

📌 3 Maddede Bu Makale

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Amaç & Hipotez:The study aims to determine the potential of a long-run relation among liquidity indicators and equities in the agriculture sector along with the usage of bank credit.
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Temel Bulgular & Veri:The significant findings reveal that the level of equities in the agriculture sector is a function of bank credit used at a level which could also be predicted by the first two famous liquidity indicators namely current ratio and acid-test ratio.
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Sonuç & Katkı:Therefore, any incentive easing the access to bank credit finance for the firms of agriculture sector would better be substituted with other encouragements which will rather promote the accumulation of equities so as to attain a sustainable finance with healthy liquid assets and the limited bank credit contribution.
🔬Tür:Araştırma Makalesi
📍Kapsam:Genişletilmiş Akademik Örneklem
⚙️Değişkenler:Alan Parametreleri

Özet

The study aims to determine the potential of a long-run relation among liquidity indicators and equities in the agriculture sector along with the usage of bank credit. The study runs general linear regressions for which it shares the results and it adds up a set of supplementary analysis on stability diagnostics including leverage plots and recursive estimation. The significant findings reveal that the level of equities in the agriculture sector is a function of bank credit used at a level which could also be predicted by the first two famous liquidity indicators namely current ratio and acid-test ratio. Therefore, any incentive easing the access to bank credit finance for the firms of agriculture sector would better be substituted with other encouragements which will rather promote the accumulation of equities so as to attain a sustainable finance with healthy liquid assets and the limited bank credit contribution.

Abstract

Çalışma, tarım sektöründe likidite göstergeleri ve öz kaynaklar arasındaki uzun dönemli ilişki potansiyeli ile birlikte banka kredisi kullanımını belirlemeyi amaçlamaktadır. Çalışma, sonuçlarını paylaştığı genel doğrusal regresyonlar ile kararlılık üzerine kaldıraç noktaları ve özyinelemeli tahmin için bir takım ilave analizleri de içermektedir. Yüksek anlamlılık derecesindeki çalışma bulguları, tarım sektöründe öz kaynakların düzeyinin kullanılan banka kredisinin bir fonksiyonu olduğunu ve aynı zamanda iki meşhur likidite göstergesi olan cari oran ve asit-test oranı ile de tahmin edilebileceğini ortaya koymaktadırlar. Bu nedenle, tarım sektöründe yer alan işletmeler için banka kredisi ile finansmana ulaşmayı kolaylaştıran teşviklerin, sağlıklı likit varlıklar ve sınırlı banka kredisi kullanımının da katkısıyla sürdürülebilir finansmana ulaşmak için daha çok öz kaynakların birikimine yol açacak diğer özendirme önlemleri ile ikame edilmeleri yerinde olacaktır.

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Bu Makaleye Atıf Yap

AÇIKGÖZ, A. F., DEMİRKOL, C., APAK, S. (2019). Evidence for the Reliance of Equities on Liquidity and Bank Credit in the Agriculture Sector in Turkey. Alatarım, Cilt: 18 - Sayı: 2, 144–154. https://ajindex.com/articles/128908

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