Social capital and loan repayment performance in Southeast Asia

Thomas Dufhues; Gertrud Buchenrieder; Hoang Dinh Quoc; Nuchanata Munkung

doi:10.1016/j.socec.2011.05.007

Social capital and loan repayment performance in Southeast Asia

Thomas Dufhues, Gertrud Buchenrieder, Hoang Dinh Quoc, Nuchanata Munkung

Research output: Contribution to journal › Article › peer-review

25 Scopus citations

Abstract

This paper analyses the effects of different forms of social capital on credit repayment behaviour. In the context of development economics an innovative data collection approach is used that originates from the field of sociology. A personal network survey is carried out to measure the individual social capital of borrowers. We distinguish four social capital variables between the respondent and his/her network members according to tie strength (bonding/bridging) and social distance (bonding_link/bridging_link). The effects of social capital vary according to socio-cultural context. For instance, in Thailand bonding and in Vietnam bridging_link social capital has a positive effect on loan repayment.

Original language	English
Pages (from-to)	679-691
Number of pages	13
Journal	Journal of Socio-Economics
Volume	40
Issue number	5
DOIs	https://doi.org/10.1016/j.socec.2011.05.007
State	Published - Oct 2011
Externally published	Yes

Keywords

Loan repayment performance
Personal networks
Rural finance
Social capital
Southeast Asia

Access to Document

10.1016/j.socec.2011.05.007

Cite this

@article{1a30a937448b40d9911cf29806021f82,

title = "Social capital and loan repayment performance in Southeast Asia",

abstract = "This paper analyses the effects of different forms of social capital on credit repayment behaviour. In the context of development economics an innovative data collection approach is used that originates from the field of sociology. A personal network survey is carried out to measure the individual social capital of borrowers. We distinguish four social capital variables between the respondent and his/her network members according to tie strength (bonding/bridging) and social distance (bondinglink/bridginglink). The effects of social capital vary according to socio-cultural context. For instance, in Thailand bonding and in Vietnam bridginglink social capital has a positive effect on loan repayment.",

keywords = "Loan repayment performance, Personal networks, Rural finance, Social capital, Southeast Asia",

author = "Thomas Dufhues and Gertrud Buchenrieder and Quoc, {Hoang Dinh} and Nuchanata Munkung",

note = "Funding Information: For very helpful comments on this paper and on earlier versions we are grateful to a number of people: Daniel M{\"u}ller, Martin Petrick, and Milada Kasarjyan. Thanks go also to J{\"o}rg Hager, Petra Erbe, Ulrich Schuler, and last but not lest our reach assistant Wasana Sittirin for their insights into Northern Thailand. Finally we thank the German Science Foundation (DFG) and the Eiselen Foundation, Ulm (Germany) for their financial support. Furthermore, our field research benefited substantially from the fruitful cooperation with the Uplands Program (SFB564) of the University of Hohenheim. We also thank two anonymous referees for their suggestions. ",

year = "2011",

month = oct,

doi = "10.1016/j.socec.2011.05.007",

language = "English",

volume = "40",

pages = "679--691",

journal = "Journal of Socio-Economics",

issn = "1053-5357",

publisher = "Elsevier Inc.",

number = "5",

}

TY - JOUR

T1 - Social capital and loan repayment performance in Southeast Asia

AU - Dufhues, Thomas

AU - Buchenrieder, Gertrud

AU - Quoc, Hoang Dinh

AU - Munkung, Nuchanata

N1 - Funding Information: For very helpful comments on this paper and on earlier versions we are grateful to a number of people: Daniel Müller, Martin Petrick, and Milada Kasarjyan. Thanks go also to Jörg Hager, Petra Erbe, Ulrich Schuler, and last but not lest our reach assistant Wasana Sittirin for their insights into Northern Thailand. Finally we thank the German Science Foundation (DFG) and the Eiselen Foundation, Ulm (Germany) for their financial support. Furthermore, our field research benefited substantially from the fruitful cooperation with the Uplands Program (SFB564) of the University of Hohenheim. We also thank two anonymous referees for their suggestions.

PY - 2011/10

Y1 - 2011/10

N2 - This paper analyses the effects of different forms of social capital on credit repayment behaviour. In the context of development economics an innovative data collection approach is used that originates from the field of sociology. A personal network survey is carried out to measure the individual social capital of borrowers. We distinguish four social capital variables between the respondent and his/her network members according to tie strength (bonding/bridging) and social distance (bondinglink/bridginglink). The effects of social capital vary according to socio-cultural context. For instance, in Thailand bonding and in Vietnam bridginglink social capital has a positive effect on loan repayment.

AB - This paper analyses the effects of different forms of social capital on credit repayment behaviour. In the context of development economics an innovative data collection approach is used that originates from the field of sociology. A personal network survey is carried out to measure the individual social capital of borrowers. We distinguish four social capital variables between the respondent and his/her network members according to tie strength (bonding/bridging) and social distance (bondinglink/bridginglink). The effects of social capital vary according to socio-cultural context. For instance, in Thailand bonding and in Vietnam bridginglink social capital has a positive effect on loan repayment.

KW - Loan repayment performance

KW - Personal networks

KW - Rural finance

KW - Social capital

KW - Southeast Asia

UR - http://www.scopus.com/inward/record.url?scp=80052895732&partnerID=8YFLogxK

U2 - 10.1016/j.socec.2011.05.007

DO - 10.1016/j.socec.2011.05.007

M3 - Article

AN - SCOPUS:80052895732

SN - 1053-5357

VL - 40

SP - 679

EP - 691

JO - Journal of Socio-Economics

JF - Journal of Socio-Economics

IS - 5

ER -

Social capital and loan repayment performance in Southeast Asia

Abstract

Keywords

Access to Document

Other files and links

Fingerprint

Cite this