nep-mfd New Economics Papers
on Microfinance
Issue of 2020‒06‒15
two papers chosen by
Aastha Pudasainee and Olivier Dagnelie

  1. Coping with shocks: the impact of Self-Help Groups on migration and food security By Timothée Demont
  2. A bibliometric study on the research landscape of entrepreneurial finance from 1970-2019 By Hoàng, NGUYỄN Minh; Huyen, Nguyen Thanh Thanh; Pham, Thanh-Hang; Yen, Nguyen Thi Quynh; Vuong, Quan-Hoang

  1. By: Timothée Demont (AMSE - Aix-Marseille Sciences Economiques - EHESS - École des hautes études en sciences sociales - ECM - École Centrale de Marseille - CNRS - Centre National de la Recherche Scientifique - AMU - Aix Marseille Université)
    Abstract: This paper asks whether local savings and credit associations help poor rural households hit by climatic shocks. Combining data from an original field experiment with meteorological data, I investigate how Self-Help Groups (SHGs) allow households to cope with rainfall shocks in villages of East India over a sevenyear period. I show that SHGs withstand large rainfall shocks remarkably, and that credit flows are very stable in treated villages. As a result, treated households experience a higher food security during the lean season following a drought and increase seasonal migration to mitigate future income shocks. These results imply that small-scale financial institutions like SHGs help to finance temporary risk management strategies and to cope with important covariate income shocks such as droughts.
    Keywords: microfinance,weather shocks,risk management,seasonal migration,food security
    Date: 2020–05
  2. By: Hoàng, NGUYỄN Minh; Huyen, Nguyen Thanh Thanh; Pham, Thanh-Hang; Yen, Nguyen Thi Quynh; Vuong, Quan-Hoang
    Abstract: Financing issues play essential roles in the survival and development of entrepreneurial firms. The current study, employing the bibliometric analysis of 6,903 articles from 1970 to 2019, extracted from Web of Science database, aims to provide an overview of the discipline’s landscape and major scientific domains to facilitate scientific development within the field. Entrepreneurial finance is a young and growing field with exponential growth in the number of publications (with 19.54% per year) and rising collaboration tendency among authors. Journal of Business Venturing is the most prestigious journal, while Sustainability is noteworthy for its rapid contribution to the field. We also note a sign of Western ideological homogeneity from the collaboration networks and lists of top authors, institutions, and countries. Besides, using keyword co-occurrence analysis, seven major research domains are identified: “venture capital”, “crowdfunding”, “SMEs finance”, “social entrepreneurship finance”, “financial risk”, “microfinance”, and “human-social-financial capital”. Based on these findings, we raise the concern of lacking diversity in entrepreneurial finance research and provide several recommendations for future potential research directions.
    Date: 2020–05–28

This nep-mfd issue is ©2020 by Aastha Pudasainee and Olivier Dagnelie. It is provided as is without any express or implied warranty. It may be freely redistributed in whole or in part for any purpose. If distributed in part, please include this notice.
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