Advanced Search
MyIDEAS: Login

Mean-Covariance Structure Models in Economic Research: an Application to a Lending Program for Development in Burkina Faso

Contents:

Author Info

  • Paxton, J.
  • Thraen, C.
Registered author(s):

    Abstract

    As applied development economic models become more sophisticated, they include increasingly complex conceptual variables. Due to data collection limitations, accurate proxies and continuous variables are often unavailable. A Mean and Covariance Structure model (MECOSA) is offered as a useful methodology for the incorporation of latent variables with metric, censored metric, dichotomous and ordinal indicators. As an example, conceptual variables (including borrower homogeneity and the domino effect) presented in the Besley and Coate (1995) group lending repayment game were specified as latent variables with non-metric indicators. Data from 140 groups from a group lending program in Burkina Faso were used to demonstrate the application and interpretation of MECOSA.

    Download Info

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
    File URL: http://www.usc.es/economet/reviews/ijaeqs121.pdf
    Download Restriction: No

    Bibliographic Info

    Article provided by Euro-American Association of Economic Development in its journal International Journal of Applied Econometrics and Quantitative Studies .

    Volume (Year): 1 (2004)
    Issue (Month): 2 ()
    Pages: 5-26

    as in new window
    Handle: RePEc:eaa:ijaeqs:v:1:y2004:i:1_7

    Contact details of provider:
    Web page: http://www.usc.es/economet/eaa.htm

    Order Information:
    Email:
    Web: http://www.usc.es/economet/info.htm

    Related research

    Keywords: mean and covariance structure models; latent variables; development finance; group lending;

    Find related papers by JEL classification:

    References

    No references listed on IDEAS
    You can help add them by filling out this form.

    Citations

    Lists

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    Statistics

    Access and download statistics

    Corrections

    When requesting a correction, please mention this item's handle: RePEc:eaa:ijaeqs:v:1:y2004:i:1_7. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (M. Carmen Guisan).

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.