dc.contributor.author | Delgado, Michael S | |
dc.contributor.author | Parmeter, Christopher F | |
dc.contributor.author | Hartaska, Valentina | |
dc.contributor.author | Mersland, Roy | |
dc.date.accessioned | 2014-10-27T14:13:21Z | |
dc.date.available | 2014-10-27T14:13:21Z | |
dc.date.issued | 2014 | |
dc.identifier.issn | 0377-7332 | |
dc.identifier.uri | http://hdl.handle.net/11250/224636 | |
dc.description | Published version of an article from the journal: Empirical Economics. Also available from the publisher on SpringetLink: http://dx.doi.org/10.1007/s00181-014-0861-3 | nb_NO |
dc.description.abstract | We extend a recently developed generalized local polynomial estimator
into a semiparametric smooth coefficient framework to estimate a generalized cost
function. The advantage of the generalized local polynomial approach is that we can
simultaneously choose the degree of polynomial for each continuous nonparametric
regressor and the bandwidths via data-driven methods. We provide estimates of scope
economies from the joint production of microloans and microdeposits for a dataset of
Microfinance Institutions from over 50 countries. Our approach allows analysis on all
Microfinance Institutions rather than only those offering just microloans. Moreover,
the smooth coefficient estimator provides a general interface in which to account for
both direct and indirect environmental factors. We find substantial scope economies
in general, of about 10% at the median, as well as evidence that economies of scope
vary across the type of services and country in which the MFIs operate, suggesting
key insights into policy prescriptions. | nb_NO |
dc.language.iso | eng | nb_NO |
dc.publisher | Springer | nb_NO |
dc.title | Should all microfinance institutions mobilize microsavings? Evidence from economies of scope | nb_NO |
dc.type | Journal article | nb_NO |
dc.type | Peer reviewed | nb_NO |
dc.subject.nsi | VDP::Social science: 200::Economics: 210::Economics: 212 | nb_NO |
dc.source.pagenumber | 1-33 | nb_NO |
dc.source.journal | Empirical Economics | nb_NO |
dc.identifier.doi | 10.1007/s00181-014-0861-3 | |