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Financial development and household welfare: Microevidence from Thai households
Gloede, Oliver; Rungruxsirivorn, Ornsiri - 2010
We provide new micro evidence on the discussion about the relationship between financial development and welfare. Relying on the concept of local financial development our analysis focuses on three dimensions of household welfare: vulnerability to poverty, investment, and consumption smoothing....
Persistent link: https://www.econbiz.de/10010270149
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Village Funds in the Rural Credit Market of Thailand
Menkhoff, Lukas; Rungruxsirivorn, Ornsiri - 2009
financial institutions. We find, first, that village funds reach the target groups of lower income households better than …This paper examines the contribution of recently introduced village funds in rural Thailand, one of the largest … microfinance programs ever implemented. We use a cross-sectional approach examining village funds in relation to competing …
Persistent link: https://www.econbiz.de/10010301725
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The use of collateral in formal and informal lending
Kislat, Carmen; Menkhoff, Lukas; Neuberger, Doris - 2013
The ex ante theory of collateral states that better informed lenders, such as informal lenders, rely less on collateral. We test this by contrasting the use of collateral between formal and informal lenders in the same market. Indeed, formal lenders rely more often on collateral, controlling for...
Persistent link: https://www.econbiz.de/10010329300
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Parallel convergence of income and educational achievements on a local level in Poland - Joint distribution dynamics
Wójcik, Piotr - 2016
relating to income on a national level. Polish GDP per capita (in PPP terms) increased from 49% of European Union average in … does not spread out proportionally on all regions and income convergence is not observed. Instead, the relatively fastest … purpose of the research is to analyze the relationship between the local convergence of income and educational achievements on …
Persistent link: https://www.econbiz.de/10011790078
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Exploring city social interaction ties in the big data era: Evidence based on location-based social media data from China
Wu, Wenjie; Wang, Jianghao - 2015
problems by analysing the configuration of intercity connection patterns in China to provide new evidence to the applications … by months by city-pairs throughout China by months involves many potential stages of big data mining analysis. We …
Persistent link: https://www.econbiz.de/10011400525
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The Devil is in the Shadow Do institutions affect income and productivity or only official income and official productivity
Dreher, Axel; Méon, Pierre-Guillaume; Schneider, … - 2008
This paper assesses the relationship between institutions, output, and productivity, when official output is corrected for the size of the shadow economy. Our results confirm the usual positive impact of institutional quality on official output and total factor productivity, and its negative...
Persistent link: https://www.econbiz.de/10010301417
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Energy Policy and Regional Inequalities in the Brazilian Economy
Santos, Gervasio; Haddad, Eduardo; Hewings, Geoffrey - 2010
The objective of this paper is to evaluate the long-run regional impacts of tariff policy of the Brazilian electric power sector. The structural reforms carried on this sector determined the emergence of two different spatial distribution trends of the electric power tariffs among the Brazilian...
Persistent link: https://www.econbiz.de/10011332339
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Regional Entrepreneurial Heritage in a Socialist and Post-socialist Economy
Wyrwich, Michael - 2010
The main aim of this paper is to enhance our knowledge of the role of regional entrepreneurial culture that is important to foster economic growth. The paper sheds light on regional differences of self-employment and start-up activities in a socialist and post-socialist economy, which is to the...
Persistent link: https://www.econbiz.de/10011332402
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The Russian Urban System in Transition: The View of New Economic Geography
Kauffmann, Albrecht - 2013
After the price liberalization in 1991, the Russian economy was faced with a jump of costs of transportation in real terms. New Economic Geography (NEG) gives answers to questions that are related to changes in transport costs. However, the outcomes of NEG models are very sensitive with respect...
Persistent link: https://www.econbiz.de/10011397323
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Russian Regions: Foreign Trade and Economic Development
Sherov-Ignatyev, Vladimir - 2013
Russia is one of the most heterogeneous countries, consisting of more than 80 regions. Among other features, its regions vary by their involvement in international trade and by vulnerability to external shocks. Russian economy is becoming more open, but openness of regions varies greatly,...
Persistent link: https://www.econbiz.de/10011397444