英文文献：Value Of Social Capital To Mid-Sized Northern Plains Farms-社会资本对中型北方平原农场的价值
英文文献作者：Gustafson, Cole R.
英文文献摘要：
As farms increase in size, operators face the decision of remaining loyal to local merchants or obtaining volume discounts from distant input suppliers. When farmers bypass local merchants and buy inputs in volume, they often realize price discounts but forego many services including credit forebearance. When farmers buy locally, they pay higher prices, which decreases profits and increases financial risk, but generates social capital which can be drawn upon during periods of economic adversity. A theoretical model of farm financial risk evaluates borrower behavior in light of cash flow constraints, volume discounts, and social capital. Results delineate financial risks involved and value of social capital.

随着农场规模的扩大，经营者面临着一个决定，是继续忠于当地的商人，还是从遥远的投入供应商那里获得批量折扣。当农民绕过当地商人大量购买投入品时，他们往往会获得价格折扣，但却放弃了包括赊购在内的许多服务。当农民在当地购买时，他们支付更高的价格，这减少了利润，增加了财务风险，但产生了社会资本，可以在经济困难时期利用。一个基于现金流约束、数量折扣和社会资本的农业金融风险理论模型评估了借款人的行为。结果描述了企业的财务风险和社会资本价值。