微型贷款的促进作用，证据来自格莱珉乡村银行[文献翻译].docVIP

外文题目：promotional role of microcredit:evidence from the grameen bank of bangladesh 出 处：Journal of International Development 作 者：Md. Abul Basher 原 文： promotional role of microcredit:evidence from the grameenbank of bangladesh Abstract: This paper investigates whether the income augmenting role of microcredit is attributable only to increased participation of the borrower in economic activities or switch to more productive activities also.The paper provides a framework to analyze this question in absence of any longitudinal data. By using the data from the Grameen Bank of Bangladesh,the paper finds that microcredit enables the borrowers to move progressively into more productive activities as they become experienced.Copyright 2009 John Wiley Sons,Ltd. Keywords: Microcredit;Productivity JEL Classification: O12,O16 INTRODUCTION The literature identifies two contributions of microfiance in developing countries. The first contribution includes the increase in income of the participants (Alamgir, 1998; Khandker, 1998; Pittand Khandkar, 1998; Basher,2001), and the second contribution includes different aspects of welfare, empowerment, motivational and attitudinal changes among the program participants (Hashemietal., 1996;Aminetal., 1998; Basher, 2007). Usually,the rural poor are involved in the low risk, low productive activities .Microfinance can increase the income of the participants either by scaling up these activities or by moving the participants into high productive activities. Expansion of the low productive activities can be identified as the“promotional”(Dere zand Sen,1991)role of microfinanc. This paper investigates if the participating households of the microfinance programs witch from the protectional to the promotional activities overtime.The analysis is motivated by the Euler equation adjusted for the distribution of marginal income between current and n