IMPACT OF MICROFINANCE ON HOUSEHOLD WELFARE: ASSESSING THE CASE OF SAMURDHI PROGRAM IN SRI LANKA

Manoj Thibbotuwawa, B.L.D.S. Printhika, Udith K. Jayasinghe-Mudalige and J.M.M. Udugama

No 124320, 2012 Conference (56th), February 7-10, 2012, Fremantle, Australia from Australian Agricultural and Resource Economics Society

Abstract: Household Income & Expenditure Survey (2006/07) data were used to estimate the impacts of ‘Samurdhi’ – the largest state-sponsored microfinance program in Sri Lanka – on the status of household income, health, education, and food and non-food consumption. Propensity Score Matching was used to minimize selection bias. Propensity scores were estimated using a Probit Model to match “treated” households with “control” group to identify the impacts. The results show that Samurdhi possesses a significant impact on household welfare on income, consumption and education, despite the inefficiencies and political interferences associated with distribution of intended services.

Keywords: Consumer/Household Economics; Food Security and Poverty (search for similar items in EconPapers)
Pages: 11
Date: 2012-02
New Economics Papers: this item is included in nep-mfd
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Citations: View citations in EconPapers (4)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:aare12:124320

DOI: 10.22004/ag.econ.124320

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