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Table 4 MFI performance affected by political practices of selected countries by fixed effect method with ACPPI as political practice indicator

From: Impact of global financial crunch on financially innovative microfinance institutions in South Asia

Regressed variable

 

OA

Gross loan portfolio

WOR

PAR

TNABs growth

Loan size growth

α

0.0227 (1.0555)

1.7320 (0.7802)

0.0527 (0.1046)

0.0304 (0.1689)

2.2891 (0.7605)

−0.4724 (0.5478)

Crunch

- 0.1528 (0.0391)

−0.2751 (0.0421)

0.0160 (0.0075)

0.0310 (0.0102)

− 0.1853 (0.0405)

− 0.1266 (0.0302)

Post-crunch

− 0.1161 (0.0293)

- 0.2374 (0.0180)

0.0122 (0.0024)

0.0363 (0.0052)

−0.1735 (0.0185)

- 0.0665 (0.0142)

ACPPI

0.0061 (0.0021)

0.014 (0.0023)

0.0007 (0.0003)

- 0.0009 (0.0007)

0.0145 (0.0023)

−0.0018 (0.0020)

ACPPI x crunch

0.0021 (0.0011)

0.0017 (0.0011)

- 0.0005 (0.0002)

- 0.0005 (0.0003)

0.0011 (0.0010)

0.0007 (0.0008)

R2

0.392

0.391

0.312

0.390

0.353

0.198

Observations

2913

2860

2672

2729

2790

2784

  1. The table represents the output of fixed effect method applied for analyzing the performance of MFIs as in eq. 1 by using the crunch and post crunch dummies in addition to the alpha value, R2 and total observations of all performance regression is shown. The values of standard errors are presented in parenthesis