Abstract
This study examines the impact of microcredit on household self-employment profits in Vietnam. For two indicators of credit participation – a dichotomous participation dummy and the accumulated amount of microcredit received per household – the analysis reveals a positive effect on household profits. The analysis also reveals that an instrumental variable method within a fixed-effects framework can control for the possible endogeneity of credit and thereby identify the true effect of credit.
Original language | English |
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Pages (from-to) | 73-111 |
Journal | Economics of Transition |
Volume | 20 |
Issue number | 1 |
DOIs | |
Publication status | Published - 2012 |
Keywords
- microfinance
- bangladesh
- programs
- matter
- gender