Segmentation in the Philippine Informal Credit Marktes: A Multinomial Logit Analysis

The paper explains the market segmentation that occurs in the Philippine informal credit markets through the matching of borrows and lenders by their occupational specialization which internalizes transaction costs and facilitates economic activity. The regression results support a predictable pattern of matching farmers lenders with borrowers specialization in non-farm activities and trader lenders with borrowers specialized in farming.


Issue Date:
1997
Publication Type:
Conference Paper/ Presentation
PURL Identifier:
http://purl.umn.edu/198184
Page range:
258-267
Total Pages:
10




 Record created 2017-04-01, last modified 2017-08-28

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