Segmentation in the informal credit markets: the case of the Philippines

This paper explains market segmentation that occurs in the Philippine informal credit markets through the matching of borrowers and lenders by their occupational specializations to internalize transaction costs and facilitate economic activity. The regression results support a predictable pattern of matching farmer lenders with borrowers specialized in non-farm activities and trader lenders with borrowers specialized in farming.

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Year of publication:	1995
Authors:	Nagarajan, Geetha ; Meyer, Richard L. ; Hushak, Leroy J.
Published in:	Agricultural Economics of Agricultural Economists. - International Association of Agricultural Economists - IAAE. - Vol. 12.1995, 2
Publisher:	International Association of Agricultural Economists - IAAE
Subject:	Agribusiness \| Agricultural Finance

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Extent:	application/pdf
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010911258