Publication:
Access to Capital in Rural Thailand: An Estimated Model of Formal vs Informal Credit

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dc.contributor.authorGine, Xavier
dc.date.accessioned2012-03-30T07:34:29Z
dc.date.available2012-03-30T07:34:29Z
dc.date.issued2011
dc.description.abstractThis paper analyzes the mechanism underlying access to credit, focusing on two important aspects of rural credit markets. First, moneylenders and other informal lenders coexist with formal lending institutions such as government or commercial banks, and, more recently, micro-lending institutions. Second, potential borrowers presumably face sizable transaction costs in obtaining external credit. We develop and estimate a model based on limited enforcement and transaction costs that provides a unified view of these facts. Based on data from Thailand, the results show that the limited ability of banks to enforce contracts, more than transaction costs, is crucial in understanding the observed diversity of lenders.en
dc.identifier.citationJournal of Development Economics
dc.identifier.issn03043878
dc.identifier.urihttps://hdl.handle.net/10986/5777
dc.language.isoEN
dc.relation.urihttp://creativecommons.org/licenses/by-nc-nd/3.0/igo
dc.rights.holderWorld Bank
dc.subjectBanks
dc.subjectOther Depository Institutions
dc.subjectMicro Finance Institutions
dc.subjectMortgages G210
dc.subjectEconomic Development: Financial Markets
dc.subjectSaving and Capital Investment
dc.subjectCorporate Finance and Governance O160
dc.subjectEconomic Development: Regional, Urban, and Rural Analyses
dc.subjectTransportation O180
dc.titleAccess to Capital in Rural Thailand: An Estimated Model of Formal vs Informal Crediten
dc.title.alternativeJournal of Development Economicsen
dc.typeJournal Articleen
dc.typeArticle de journalfr
dc.typeArtículo de revistaes
dspace.entity.typePublication
okr.doctypeJournal Article
okr.externalcontentExternal Content
okr.identifier.externaldocumentum788
okr.journal.nbpages16-29
okr.language.supporteden
okr.peerreviewAcademic Peer Review
okr.region.countryThailand
okr.relation.associatedurlhttp://dx.doi.org/10.1016/j.jdeveco.2010.07.001
okr.relation.associatedurlhttp://search.ebscohost.com/login.aspx?direct=true&db=eoh&AN=1244269&site=ehost-live
okr.relation.associatedurlhttp://www.elsevier.com/wps/find/journaldescription.cws_home/505546/description#description
okr.volume96
relation.isAuthorOfPublication460a3e9c-f7d0-5335-977a-578f6fc8ebe3
relation.isAuthorOfPublication.latestForDiscovery460a3e9c-f7d0-5335-977a-578f6fc8ebe3
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