Title: The Diffusion of Microfinance

Type Dataset Banerjee, Abhijit, Chandrasekhar, Arun G., Duflo, Esther, Jackson, Matthew O. (2013): The Diffusion of Microfinance. Harvard Dataverse. Dataset. https://dataverse.harvard.edu/dataset.xhtml?persistentId=doi:10.7910/DVN/U3BIHX

Authors: Banerjee, Abhijit (Massachusetts Institute of Technology) ; Chandrasekhar, Arun G. (Stanford University) ; Duflo, Esther (Massachusetts Institute of Technology) ; Jackson, Matthew O. (Stanford University) ; Banerjee, Abhijit (Massachusetts Institute of Technology) ; Chandrasekhar, Arun G. (Stanford University) ; Duflo, Esther (Massachusetts Institute of Technology) ; Jackson, Matthew O. (Stanford University) ; Abdul Latif Jameel Poverty Action Lab ;

Links

• Item record in Abdul Latif Jameel Poverty Action Lab Dataverse
• Digital object URL

Summary

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.

More information

• DOI: 10.7910/DVN/U3BIHX

Subjects

• Social Sciences

Dates

• Publication date: 2013
• Issued: May 22, 2013
• Submitted: May 22, 2013
• Updated: June 24, 2019

Rights

• info:eu-repo/semantics/openAccess
• http://creativecommons.org/publicdomain/zero/1.0 CC0 1.0

Format

electronic resource

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