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  • Effects of Microfinance on Poverty Reduction in Vietnam: A Pseudo-panel Data Analysis

    Author(s)
    Duong, Hoai An
    Nghiem, Hong Son
    Griffith University Author(s)
    Nghiem, Son H.
    Duong, Hoai An
    Year published
    2014
    Metadata
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    Abstract
    The development of microfinance in Vietnam since 1990s has coincided with a remarkable progress in poverty reduction. Numerous descriptive studies have illustrated that microfinance is an effective tool to eradicate poverty in Vietnam but evidence from quantitative studies is mixed. This study contributes to the literature by providing new evidence on the impact of microfinance to poverty reduction in Vietnam using the repeated crosssectional data from the Vietnam Living Standards Survey (VLSS) during period 1992-2010. Our results show that micro-loans contribute significantly to household consumption.The development of microfinance in Vietnam since 1990s has coincided with a remarkable progress in poverty reduction. Numerous descriptive studies have illustrated that microfinance is an effective tool to eradicate poverty in Vietnam but evidence from quantitative studies is mixed. This study contributes to the literature by providing new evidence on the impact of microfinance to poverty reduction in Vietnam using the repeated crosssectional data from the Vietnam Living Standards Survey (VLSS) during period 1992-2010. Our results show that micro-loans contribute significantly to household consumption.
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    Journal Title
    Journal of Accounting, Finance and Economics
    Volume
    4
    Issue
    2
    Publisher URI
    http://www.jafepapers.com/page.php?y=2014&m=December
    Subject
    Welfare Economics
    Publication URI
    http://hdl.handle.net/10072/374912
    Collection
    • Journal articles

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