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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.

Subject(s): Financial Economics

Issue Date: 1997

Publication Type: Conference Paper/ Presentation

PURL Identifier: http://purl.umn.edu/198184 Page range: 258-267

Total Pages: 10

Record appears in: International Association of Agricultural Economists (IAAE) > 1997 Occasional Paper Series No. 7





Autor: Meyer, Richard L. ; Nagarajan, Geetha ; Hushak, Leroy J.

Fuente: http://ageconsearch.umn.edu/record/198184?ln=en







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