Table 12.5 Mean risk preferences and discount rates (assessed in 2011) differentiated by a positive demand (potential and actual) for credit in Yen Chau
district, Vietnam during 2007
Risk preferences method
Source of credit
Formal (VBARD, VBSP)
VBARD
VBSP
Semi-formal Private lenders
a
Relatives and friends
No
Yes
No
Yes
No
Yes
No
Yes
No
Yes
No
Yes
Multiple price list
5.68
5.59
5.63
5.71
5.68
5.57
5.73 5.51 5.72
5.50
5.72
5.50
Self-assessment
5.42
**
5.15
**
5.33
5.19
5.41
**
5.09
**
5.31 5.29 5.37
5.21
5.36
5.21
Discount rate (%)
73.1
80.0
73.7
*
86.4
*
74.2
79.6
77.5 73.8 74.4
78.8
74.4
78.8
Notes:
a
Including money-lenders and shop-keepers; Significance levels are based on independent sample t-tests.
** indicates that there is a statistically
significant difference between or among groups at the 5 % level, and
*
at the 10 % level
Table 12.6 Correlations between risk preferences/discount rates and amounts of credit demanded in Yen Chau district, Vietnam (2011)
Risk preferences method
Source of credit
Formal sources
(VBARD, VBSP)
VBARD
VBSP
Semi-formal
sources
Private lenders
Relatives and friends
Multiple price list
À0.146
***
À0.120
***
À0.161
***
À0.055
0.030
À0.107
**
Self-assessment
À0.078
*
À0.073
*
À0.042
À0.002
À0.061
À0.050
Discount rate (%)
0.132
***
0.119
***
0.092
**
À0.060
À0.029
0.081
*
Notes: Pearson correlations are shown.
***
indicates that the correlation is statistically significant at the 1 % level,
**
at the 5 % level, and
*
at the 10 % level
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