Segmentation in the Philippine Informal Credit Marktes: A Multinomial Logit Analysis

The paper explains the market segmentation that occurs in the Philippine informal credit markets through the matching of borrows and lenders by their occupational specialization which internalizes transaction costs and facilitates economic activity. The regression results support a predictable pattern of matching farmers lenders with borrowers specialization in non-farm activities and trader lenders with borrowers specialized in farming.

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Year of publication:	1997
Authors:	Meyer, Richard ; Nagarajan, Geetha ; Hushak, Leroy
Institutions:	International Association of Agricultural Economists - IAAE
Subject:	Financial Economics

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Extent:	application/pdf
Series:	Occasional Paper Series No. 7.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series 1997 Occasional Paper Series No. 7 Number 198184
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011168307