.png){kind=icon}
返回
Microfinance, competition, and growth
.png){kind=icon}
PRE
AI
DOI：10.1017/S136510052510028X.png)
.png){kind=icon}
原文求助.png){kind=icon}
分享.png){kind=icon}
收藏
摘要
En 中文
This paper analyzes the relationship between microfinance, competition, and growth in a sample of 119 countries over the period 1999-2018. Our results are fourfold. First, we show that microfinance increases economic growth. Second, we identify investment and consumption as the main channels explaining the positive effect of microfinance on growth. Third, our study highlights that the conventional financial sector and microfinance are substitutes and not complements in emerging and developing countries. Finally, we show that competitive microfinance markets allow increasing the positive effect of microfinance on growth.
Keyword:
Microfinance
economic growth
competition
panel data
G21
D4
O4
C33
期刊
M
IF:
0.8
论文数:
65
被引数:
1.3K
机构
引用论文
分享收藏Over-Indebtedness in Microfinance An Empirical Analysis of Related Factors on the Borrower Level.png)
WORLD DEVELOPMENT
OAAI
WORLD DEVELOPMENTIF4.8
OAAI分享收藏CONCENTRATION AND OTHER DETERMINANTS OF BANK PROFITABILITY IN EUROPE, NORTH-AMERICA AND AUSTRALIA
PREAI
分享收藏
查看更多内容