IDEAS home Printed from https://ideas.repec.org/p/pcp/pucwps/wp00545.html
   My bibliography  Save this paper

Productividad y costos operativos en las instituciones microfinancieras peruanas reguladas

Author

Listed:
  • Giovanna Aguilar

    (Departamento de Economía de la Pontificia Universidad Católica del Perú)

  • Jhonatan Portilla

    (Instituto Nacional de Defensa de Competencia y de la Propiedad Intelectual)

Abstract

Las instituciones microfinancieras (IMFs) enfrentan el reto de reducir sus elevados costos operativos. Una mayor productividad puede contribuir a superar este desafío, al optimizar el uso de recursos y mejorar la eficiencia operativa. Aunque la productividad de las IMFs ha sido ampliamente estudiada, son escasos los trabajos que analizan su efecto sobre sus costos operativos. Este estudio analiza la relación entre la productividad y los costosoperativos de las IMFs reguladas en el Perú en el período 2004-2021, a fin de determinar en qué medida las mejoras en la productividad contribuyen a reducir dichos costos. Para ello, se estima el índice de productividad de Malmquist y se obtienen sus componentes según la descomposición propuesta por Ray y Desli (1997). Asimismo, se estima un modelo de datos de panel con variables instrumentales para identificar el efecto de la productividad sobre los costos operativos. Los resultados evidencian que la productividad promedio de las IMFs peruanas se ha mantenido relativamente constante en el periodo analizado. De otro lado, se encuentra que un incremento del 1% en la productividad de las IMFs está asociado a una reducción de aproximadamente 5% en sus costos operativos. Palabras claves: Microfinanzas, costos operativos, productividad, índice de productividad de Malmquist. JEL Classification-JE: D24; G21

Suggested Citation

  • Giovanna Aguilar & Jhonatan Portilla, 2025. "Productividad y costos operativos en las instituciones microfinancieras peruanas reguladas," Documentos de Trabajo / Working Papers 2025-545, Departamento de Economía - Pontificia Universidad Católica del Perú.
    • Handle: RePEc:pcp:pucwps:wp00545
    DOI: 10.18800/2079-8474.0545
    as

    Download full text from publisher

    File URL: http://doi.org/10.18800/2079-8474.0545
    Download Restriction: no
    File URL: https://libkey.io/10.18800/2079-8474.0545?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Mohammed Ali Al-Awlaqi & Ammar Mohamed Aamer, 2019. "Financial and social efficiency in the Yemen microfinance institutions," International Journal of Islamic and Middle Eastern Finance and Management, Emerald Group Publishing Limited, vol. 12(3), pages 322-345, June.
    2. Giovanna Aguilar & Jhonatan Portilla, 2020. "Determinants of Market Power in the Peruvian Regulated Microfinance Sector," Journal of Industry, Competition and Trade, Springer, vol. 20(4), pages 657-688, December.
    3. Mohammed Ali Al-Awlaqi & Ammar Mohamed Aamer, 2019. "Financial and social efficiency in the Yemen microfinance institutions," International Journal of Islamic and Middle Eastern Finance and Management, Emerald Group Publishing Limited, vol. 12(3), pages 322-345, June.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Chaffai, Mohamed & Coccorese, Paolo, 2023. "Banking market power and its determinants: New insights from MENA countries," Emerging Markets Review, Elsevier, vol. 55(C).
    2. Coccorese, Paolo & Girardone, Claudia & Shaffer, Sherrill, 2021. "What affects bank market power in the euro area? A country-level structural model approach," Journal of International Money and Finance, Elsevier, vol. 117(C).
    3. Giovanna Aguilar Andía & Jhonatan Portilla Goicochea, 2020. "Competencia, alcance social y sostenibilidad financiera en las microfinanzas reguladas peruanas," Documentos de Trabajo / Working Papers 2020-493, Departamento de Economía - Pontificia Universidad Católica del Perú.
    4. Giovanna Aguilar & Jhonatan Portilla, 2023. "The nonlinearity of the relationship between competition and the dual performance of regulated microfinance institutions in Peru," SN Business & Economics, Springer, vol. 3(7), pages 1-27, July.
    5. Giovanna Aguilar & Jhonatan Portilla, 2024. "Market power, social welfare, and efficiency in the Peruvian microfinance," Economia Politica: Journal of Analytical and Institutional Economics, Springer;Fondazione Edison, vol. 41(1), pages 123-152, April.

    More about this item

    Keywords

    ;
    ;
    ;
    ;

    JEL classification:

    • D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pcp:pucwps:wp00545. See general information about how to correct material in RePEc.

    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 CitEc recognized a bibliographic reference but did not link an item in RePEc 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 RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: the person in charge (email available below). General contact details of provider: https://edirc.repec.org/data/depucpe.html .

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

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.