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Le capital institutionnel dans l'analyse du développement : Prolongement théorique et premier test empirique
[Institutional Capital in Economic Development Analysis: Theoretical Continuation and First Empirical Test]

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  • Paul, Bénédique
  • Garrabé, Michel

Abstract

Microfinance has made and continues to do a lot of debate. In these debates, an under-documented aspect is the impacts on recipients’ behavior. Through an empirical study on a sample of 500 beneficiaries of microfinance in Haiti, we mobilize the new theoretical framework of institutional capital to analyze this under-explored socio-economic aspect, through a multiple capitals approach of economic development. The results of the study show that the contribution of microfinance organizations includes institutional capital, and this asset influences beneficiaries’ socio-economic behavior, both in terms of consumption and savings, and in the observance of the repayment agreement.

Suggested Citation

  • Paul, Bénédique & Garrabé, Michel, 2011. "Le capital institutionnel dans l'analyse du développement : Prolongement théorique et premier test empirique [Institutional Capital in Economic Development Analysis: Theoretical Continuation and Fi," MPRA Paper 39016, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:39016
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    More about this item

    Keywords

    Organisations de microfinance; MFO; capital institutionnel; comportements socio-économiques; Haïti;
    All these keywords.

    JEL classification:

    • D03 - Microeconomics - - General - - - Behavioral Microeconomics: Underlying Principles
    • B52 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Historical; Institutional; Evolutionary; Modern Monetary Theory;
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • N26 - Economic History - - Financial Markets and Institutions - - - Latin America; Caribbean

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