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Impact of Micro-Credit on Poor Households in Kurigram District

Author

Listed:
  • Md. Thuhid Noor
  • Md. Rabiul Auwul
  • Saha Forid

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.

Suggested Citation

  • Md. Thuhid Noor & Md. Rabiul Auwul & Saha Forid, 2018. "Impact of Micro-Credit on Poor Households in Kurigram District," Applied Economics and Finance, Redfame publishing, vol. 5(1), pages 102-124, January.
    • Handle: RePEc:rfa:aefjnl:v:5:y:2018:i:1:p:102-124
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    References listed on IDEAS

    as
    1. Asadul Islam Author-X-Name-Asadul, 2008. "Who Benefits From Microfinance? The Impact Evaluation Of Large Scale Programs In Bangladesh," Monash Economics Working Papers 29/08, Monash University, Department of Economics.
    2. Latif , Muhammad Abdul, 2001. "Microcredit and Savings of Rural Households in Bangladesh," Bangladesh Development Studies, Bangladesh Institute of Development Studies (BIDS), vol. 27(1), pages 51-71, March.
    3. Rahman, Aminur, 1999. "Micro-credit initiatives for equitable and sustainable development: Who pays?," World Development, Elsevier, vol. 27(1), pages 67-82, January.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    micro-credit; former enclave-dashier chara; standard of living;
    All these keywords.

    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • Z0 - Other Special Topics - - General

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