Le capital institutionnel dans l'analyse du développement: Prolongement théorique et premier test empirique

Institutional Capital in Economic Development Analysis: Theoretical Continuation and First Empirical Test

Bénédique Paul () and Michel Garrabé

MPRA Paper from University Library of Munich, Germany

Abstract: Microfinance has made and continues to do a lot of debate. In these debates, an under-documented aspect is the impacts on recipients’ behavior. Through an empirical study on a sample of 500 beneficiaries of microfinance in Haiti, we mobilize the new theoretical framework of institutional capital to analyze this under-explored socio-economic aspect, through a multiple capitals approach of economic development. The results of the study show that the contribution of microfinance organizations includes institutional capital, and this asset influences beneficiaries’ socio-economic behavior, both in terms of consumption and savings, and in the observance of the repayment agreement.

Keywords: Organisations de microfinance; MFO; capital institutionnel; comportements socio-économiques; Haïti (search for similar items in EconPapers)
JEL-codes: B52 D03 G21 N26 (search for similar items in EconPapers)
Date: 2011-07-06
New Economics Papers: this item is included in nep-mfd
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:39016

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