Segmentation in the informal credit markets: the case of the Philippines

This paper explains market segmentation that occurs in the Philippine informal credit markets through the matching of borrowers and lenders by their occupational specializations to internalize transaction costs and facilitate economic activity. The regression results support a predictable pattern of matching farmer lenders with borrowers specialized in non-farm activities and trader lenders with borrowers specialized in farming.


Issue Date:
1995-08
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/173580
Published in:
Agricultural Economics: The Journal of the International Association of Agricultural Economists, Volume 12, Issue 2
Page range:
171-181
Total Pages:
12




 Record created 2017-04-01, last modified 2018-01-22

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