How Productive Are the Microfinance Institutionsin Bangladesh? An Application of Malmquist Productivity Index

نویسندگان

چکیده

The poverty reduction and financial inclusion of Sustainable Development Goals (SDG) by 2030 can be significantly facilitated the microfinance industry. However, it is pertinent to assess sustainability institutions (MFIs) in serving this purpose. estimation productivity MFIs Bangladesh gives a glimpse their ability fulfil dual objectives social outreach. Hence, study aims measure using secondary data obtained from Microfinance Information Exchange (MIX) market. employs Malmquist Productivity Index (MPI), which an extension Data Envelopment Analysis (DEA) estimate overall, productivities 26 during period 2009 2018. In general, revealed that majority MFIs’ overall score varies between 0.9 1.20. Moreover, we observed progressed entire period, except for years 2011 2017. This development may attributed average growth catch-up technological effect witnessed period. has also applied sensitivity analysis changing output evaluate robustness results; consequently, new estimates followed similar pattern (mostly) further corroborate outcomes study. JEL Classifications: C14, O43, G21

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ژورنال

عنوان ژورنال: Studies in microeconomics

سال: 2021

ISSN: ['2321-8398', '2321-0222']

DOI: https://doi.org/10.1177/23210222211024445