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Staff Publications

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    'Staff publications' is the digital repository of Wageningen University & Research

    'Staff publications' contains references to publications authored by Wageningen University staff from 1976 onward.

    Publications authored by the staff of the Research Institutes are available from 1995 onwards.

    Full text documents are added when available. The database is updated daily and currently holds about 240,000 items, of which 72,000 in open access.

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Record number 425822
Title Ownership and technical efficiency of microfinance institutions: Empirical evidence from Latin America
Author(s) Servin Juarez, R.; Lensink, B.W.; Berg, M.M. van den
Source Journal of Banking and Finance 36 (2012)7. - ISSN 0378-4266 - p. 2136 - 2144.
DOI http://dx.doi.org/10.1016/j.jbankfin.2012.03.018
Department(s) Development Economics Group
WASS
Publication type Refereed Article in a scientific journal
Publication year 2012
Keyword(s) banking
Abstract By using stochastic frontier analysis, this article examines the technical efficiency of different types of microfinance institutions in Latin America. In particular, it tests whether differences in technical efficiency, both intra- and interfirm, can be explained by differences in ownership. With a focus on non-governmental organizations, cooperatives and credit unions, non-bank financial intermediaries, and banks, the data set contains 1681 observations from a panel of 315 institutions operating in 18 Latin American countries. The results show that non-governmental organizations and cooperatives have much lower interfirm and intrafirm technical efficiencies than non-bank financial intermediaries and banks, which indicates the importance of ownership type for technical efficiency.
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