000007796 001__ 7796 000007796 005__ 20210803100700.0 000007796 0247_ $$2doi$$a10.22004/ag.econ.7796 000007796 037__ $$a689-2016-47221 000007796 041__ $$aeng 000007796 245__ $$aREPAYMENT PERFORMANCE UNDER JOINT LIABILITY BORROWING. DOES SOCIAL CAPITAL MATTER?: EVIDENCE FROM ARMENIA 000007796 260__ $$c2007 000007796 269__ $$a2007 000007796 300__ $$a8 000007796 336__ $$aConference Paper/ Presentation 000007796 490__ $$aEuropean Association of Agricultural Economists 104th Seminar - 2007 000007796 520__ $$aThe aim of this paper is to test empirically the role of both cognitive and structural social capital in explaining the repayment performance of individual members under joint liability borrowing in rural Armenia. Based on unique primary data collected in 2006 in Ararat, Armavir and Vayots Dzor provinces, overall 86 observations, we estimated the Logit model to identify the determinants associated with good or bad repayment behavior of individual members. The results revealed that the members with higher level of structural and cognitive social capital as well as with higher farm productivity performed better. This indicates the importance of social as well as economic determinants for the decision and the ability of borrower's to repay the credit. 000007796 546__ $$aEnglish 000007796 650__ $$aFinancial Economics 000007796 650__ $$aLabor and Human Capital 000007796 6531_ $$amicrocredit 000007796 6531_ $$asocial capital 000007796 6531_ $$agroup liability 000007796 6531_ $$arepayment 000007796 700__ $$aKasarjyan, Milada 000007796 700__ $$aFritzsch, Jana 000007796 700__ $$aBuchenrieder, Gertrud 000007796 700__ $$aKorff, Rudiger 000007796 8564_ $$985c4418d-5749-40b0-9f56-25586831dfe3$$s85768$$uhttps://ageconsearch.umn.edu/record/7796/files/sp07ka02.pdf 000007796 887__ $$ahttp://purl.umn.edu/7796 000007796 909CO $$ooai:ageconsearch.tind.io:7796$$pGLOBAL_SET 000007796 912__ $$nMade available in DSpace on 2008-01-14T21:05:03Z (GMT). No. of bitstreams: 1 sp07ka02.pdf: 85768 bytes, checksum: 2bf2b98743fe4c09cd6b67d14df2ae2a (MD5) Previous issue date: 2007 000007796 980__ $$a689 000007796 982__ $$gEuropean Association of Agricultural Economists>104th Seminar, September 5-8, 2007, Budapest, Hungary