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Functioning of informal credit market and its linkages: evidences from rural credit markets of south India


Asia Pacific Journal of Rural Development 9(1): 15-36
Functioning of informal credit market and its linkages: evidences from rural credit markets of south India
The study is focuses on the functioning of informal credit market, and its relation with other markets. Explicit and implicit costs of various linkages were estimated to examine the nature of linkage. A demand-supply model for private credit under equilibrium condition was specified with intercept dummy to assess the effect of tied transaction. Probit regression was employed to analyse the factors determining the acceptance or rejection of tied contract.

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Accession: 003452339



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