Impact of Micro-Credit on Poor Households in Kurigram District

Md. Thuhid Noor, Md. Rabiul Auwul and Saha Forid

Applied Economics and Finance, 2018, vol. 5, issue 1, 102-124

Abstract: This paper examines (i) whether the government interventions in the forms of border protection and as price support have weakened the integrations of domestic cotton markets of China, Brazil and Turkey with the world cotton market and (ii) how a weak cointegration of a domestic market with international market affects the world cotton trade. We address the first question by estimating price and exchange rates transmission elasticities using an error correction model and the second question by conducting a partial equilibrium model. Results indicate that the estimated elasticities are significantly smaller than unitary, which suggests that the cointegration is weak and the law of one price (LOP) does not hold. Furthermore, when cointegration is weak, exchange rate movements have lower impact on exports, imports and prices than they do in the case of strong cointegration.

Keywords: micro-credit; former enclave-dashier chara; standard of living (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://redfame.com/journal/index.php/aef/article/view/2905/3063 (application/pdf)
http://redfame.com/journal/index.php/aef/article/view/2905 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:rfa:aefjnl:v:5:y:2018:i:1:p:102-124

Access Statistics for this article

More articles in Applied Economics and Finance from Redfame publishing Contact information at EDIRC.
Bibliographic data for series maintained by Redfame publishing ().