 |
[email protected] |
 |
3275638434 |
 |
 |
| Paper Publishing WeChat |
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License
Microfinance Structure of Thailand
Ravipan Saleepon
Full-Text PDF
XML 890 Views
DOI:10.17265/1537-1506/2013.12.002
Ravipan Saleepon, Assistant Professor, School of Economics and Public Policy, Srinakarinwirot University.
This paper was devoted to analyzing the structure of microfinance in Thailand. The theory of industrial organization (IO) was applied as a guideline to measure the degree of monopoly power in microfinance structure. The objective of the study was investigation on Thai microfinance institution marketing structure by using Concentration Ratio (CR) and Herfindahl Hirschman Index (HHI). The data of the study focus on the outstanding loans market share of microfinance institutions (MFIs). The market share of the outstanding loans of MFIs from the largest to the smallest is as follows: Bank for Agriculture and Agricultural Cooperatives (BAAC), Village Fund Cooperatives, Government Saving Bank (GSB), Pawnshop, Self Help group: Saving Group, Commercial Bank, Self Help Group: Sudja Group and Isalamic Bank (IB), respectively. It stated that CR by outstanding loans is as follows: Cr 1, 59.35%; Cr 3, 81.11%; Cr 6, 92.14%; and Cr 9, 94.37%. At the same time HHI is 0.38. Additionally, BAAC remains the majority MFIs even though there are the other MFIs available in the microfinance system. The main role of providing the microfinance services mostly derived from BAAC.
microfinance institutions (MFIs), market structure, Concentration Ratio (CR), Herfindahl Hirschman Index (HHI)
Armendariz de Aghion, B., & Morduch, J. (2005). The economics of microfinance. Cambridge, Massachusetts: The MIT Press.
Branch, B., & Janette, K. (2002). Striking the balance in microfinance: A practical guide to mobilizing savings. Washington: PACT Publications.
Bratton, M. (1986). Financing smallholder production: A comparison of individual and group credit schemes in Zimbabwe. Public Administration and Development, 6, 115-132.
Edgecomb, E., & Barton, L. (1998). Social intermediation and microfinance programs: A literature review. Washington, D.C.: Development Alternatives.
Frederic, S. M. (2006). Financial market & institution (5th Ed.). New York: Pearson.
Freimer, M., & Gordon, M. J. (1965). Why bankers ration credit. Quarterly Journal of Economics, 79, 397-416.
Ghatak, M. (1999). Group lending, local information and peer selection. Journal of Development Economics, 60, 27-50.