TY  -  
T1  - Are microfinance markets monopolistic? 
SN  -  /  
UR  - http://hdl.handle.net/10138/298117 
T3  -  
A1  - Kar, Ashim Kumar; Bali Swain, Ranjula 
A2  -  
PB  -  
Y1  - 2018 
LA  - eng 
AB  - Do microfinance institutions (MFIs) operate in a monopoly, monopolistic competition environment or are their revenues derived under perfect competition markets? We employ the Panzar–Rosse revenue test on a global panel data to assess the competitive environment in which MFIs of five selected countries operate: Ecuador, India, Indonesia, Peru and Philippines, over the period 2005–2009. We estimate the static and the dynamic revenue tests, with analyses of the interest rate and the return on asset... 
VO  -  
IS  -  
SP  -  
OP  -  
KW  - 511 Economics; Microfinance; competition; market structure; dynamic panel data estimation; GMM Estimation; Panzar–Rosse revenue tests 
N1  -   
PP  -  
ER  -