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Please use this identifier to cite or link to this item: http://purl.umn.edu/10437

Title: The welfare effects of microfinance in Vietnam: empirical results from a quasi-experiment survey
Authors: Nghiem, Hong Son
Coelli, Tim J.
Rao, Prasada
Keywords: Microfinance
rural households
Vietnam
quasi-experiment survey
effectiveness
welfare
Issue Date: 2007
Series/Report no.: Conference Paper
Abstract: In this paper we analyse the effects of microfinance programs upon household welfare in Vietnam. Our analytical framework builds upon the rural household models of Singh et al. (1986) and Rosenzweig (1990). Data on 470 households across 25 villages was collected using a quasiexperiment survey approach to overcome self-selection bias. In our econometric analysis the welfare effects of microfinance are proxied using measures of household income and consumption. The empirical results indicate that participation in microfinance has a positive effect upon household welfare, with the size of the effect increasing at a decreasing rate as a household spends more time in the microfinance program.
URI: http://purl.umn.edu/10437
Institution/Association: Australian Agricultural and Resource Economics Society - 2007>2007 Conference (51st), February 13-16, 2007, Queenstown, New Zealand
Total Pages: 39
Language: English
Collections:2007 Conference (51st), February 13-16, 2007, Queenstown, New Zealand

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