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Interaction between formal and informal sector credit: new evidence from India

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  • Sumon Kumar Bhaumik

Abstract

Using a new pan-Indian data set, we examine the factors that potentially influence joint access to formal and informal credit markets. Our results are consistent with the literature and bring some new factors influencing access to credit to the fore.

Suggested Citation

  • Sumon Kumar Bhaumik, 2008. "Interaction between formal and informal sector credit: new evidence from India," Applied Economics Letters, Taylor & Francis Journals, vol. 15(7), pages 527-531.
    • Handle: RePEc:taf:apeclt:v:15:y:2008:i:7:p:527-531
    DOI: 10.1080/13504850600706636
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    References listed on IDEAS

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    1. Kochar, Anjini, 1997. "An empirical investigation of rationing constraints in rural credit markets in India," Journal of Development Economics, Elsevier, vol. 53(2), pages 339-371, August.
    2. Dasgupta, Partha & Ray, Debraj, 1986. "Inequality as a Determinant of Malnutrition and Unemployment: Theory," Economic Journal, Royal Economic Society, vol. 96(384), pages 1011-1034, December.
    3. Chaudhuri, Sarbajit & Gupta, Manash Ranjan, 1996. "Delayed formal credit, bribing and the informal credit market in agriculture: A theoretical analysis," Journal of Development Economics, Elsevier, vol. 51(2), pages 433-449, December.
    4. Jain, Sanjay, 1999. "Symbiosis vs. crowding-out: the interaction of formal and informal credit markets in developing countries," Journal of Development Economics, Elsevier, vol. 59(2), pages 419-444, August.
    5. Bose, Pinaki, 1998. "Personalized transactions and market activity in the informal sector," Economics Letters, Elsevier, vol. 59(1), pages 139-144, April.
    6. Udry, Christopher, 1990. "Credit Markets in Northern Nigeria: Credit as Insurance in a Rural Economy," The World Bank Economic Review, World Bank, vol. 4(3), pages 251-269, September.
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