Theoretical and Applied Economics
No. 1 / 2017 (610), Spring
Growth and distribution of microfinance in India: A panel data analysis
Madras School of Economics, Chennai, India
Devi Prasad DASH
Indian Institute of Technology, Ropar, India
Abstract. This paper analyses large panel of Self-Help Group (SHG) financing across 30 Indian states over the period 2007 to 2015. Classifying the panel across four different bank based on financing, we find a significant and positive association of both outstanding loan and savings of SHGs to that of bank financing across the states. Applying panel regression frameworks of both time varying and state specific fixed effects, we have obtained positive association between outstanding loans, savings rate of SHGs to that of bank loans. Our panel model has further confirmed that increases in the number of SHGs have positively influenced the bank loans particularly from public and private sectors over the years. The results thus suggest that financial inclusion drive in India has made financial institutions across the sectors to extend loan for small sector initiatives.
Contents
Bankruptcy prediction logit model developed on Romanian paired sample
The impact of financial risks on economic growth in EU-15
Unemployment convergence analysis for Nordic countries: Evidence from linear and nonlinear unit root tests
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The evolution of corruption and its current state – A case study on Romania
Exports in the European Union sub-models. Determinants and performances
Growth and distribution of microfinance in India: A panel data analysis
Human capital and collegiality in academic beehives: Theory and analysis of European Economics faculties
An empirical assessment of fiscal sustainability for selected South Asian economies
The determinants of stock prices: Evidence from the Turkish banking sector
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Macroeconomic models used in structural analysis of GDP
On the life and death of distance
Vectors of economic growth in the eastern area of the EU
Performance management in the context of globalization
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The vulnerabilities of the gas supply system of the Republic of Moldova in the context of its energetic security
A formal look at the negative interbank rate
Informatic system for identifying and evaluation of the environmental aspects and waste products management
Regulation versus regulated monopolization of a Cournot oligopoly with unknown cost
Banking Union framework and the stability of the European Banking sector