The Diffusion of Microfinance (doi:10.7910/DVN/U3BIHX)

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Document Description

Citation

Title:

The Diffusion of Microfinance

Identification Number:

doi:10.7910/DVN/U3BIHX

Distributor:

Harvard Dataverse

Date of Distribution:

2013-05-22

Version:

9

Bibliographic Citation:

Banerjee, Abhijit; Chandrasekhar, Arun G.; Duflo, Esther; Jackson, Matthew O., 2013, "The Diffusion of Microfinance", https://doi.org/10.7910/DVN/U3BIHX, Harvard Dataverse, V9

Study Description

Citation

Title:

The Diffusion of Microfinance

Identification Number:

doi:10.7910/DVN/U3BIHX

Authoring Entity:

Banerjee, Abhijit (Massachusetts Institute of Technology)

Chandrasekhar, Arun G. (Stanford University)

Duflo, Esther (Massachusetts Institute of Technology)

Jackson, Matthew O. (Stanford University)

Distributor:

Harvard Dataverse

Distributor:

Abdul Latif Jameel Poverty Action Lab

Access Authority:

Banerjee, Abhijit

Access Authority:

Chandrasekhar, Arun G.

Access Authority:

Duflo, Esther

Access Authority:

Jackson, Matthew O.

Date of Deposit:

2013-05-22

Date of Distribution:

2013-05-22

Holdings Information:

https://doi.org/10.7910/DVN/U3BIHX

Study Scope

Keywords:

Social Sciences

Abstract:

We examine how participation in a microfinance program diffuses through social networks. We collected detailed demographic and social network data in 43 villages in South India before microfinance was introduced in those villages and then tracked eventual participation. We exploit exogenous variation in the importance (in a network sense) of the people who were first informed about the program, "the injection points". Microfinance participation is higher when the injection points have higher eigenvector centrality. We estimate structural models of diffusion that allow us to (i) determine the relative roles of basic information transmission versus other forms of peer influence, and (ii) distinguish information passing by participants and non-participants. We find that participants are significantly more likely to pass information on to friends and acquaintances than informed non-participants, but that information passing by non-participants is still substantial and significant, accounting for roughly a third of informedness and participation. We also find that, conditioned on being informed, an individual's decision is not significantly affected by the participation of her acquaintances.

Geographic Coverage:

rural southern Karnataka

Methodology and Processing

Sources Statement

Data Access

Notes:

<a href="http://creativecommons.org/publicdomain/zero/1.0">CC0 1.0</a>

Other Study Description Materials

Related Publications

Citation

Title:

Abhijit Banerjee, Arun G. Chandrasekhar, Esther Duflo, and Matthew O. Jackson. "The Diffusion of Microfinance" Science 26 July 2013: 341 (6144), 1236498.

Identification Number:

10.1126/science.1236498

Bibliographic Citation:

Abhijit Banerjee, Arun G. Chandrasekhar, Esther Duflo, and Matthew O. Jackson. "The Diffusion of Microfinance" Science 26 July 2013: 341 (6144), 1236498.

Other Study-Related Materials

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datav4.0.zip

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