RT Journal Article
T1 Spillover effects of microcredit on the GDPof surrounding cantons in Ecuador
T2 Spillover effects of microcredit on the GDPof surrounding cantons in Ecuador
A1 Ordóñez-Vizcaíno, C.
A1 Téllez Valle, Cecilia
A1 Giráldez, Pilar
K1 Microcredit
K1 Microfinance
K1 Financial inclusion
K1 Welfarism
K1 Spatial econometrics
AB Purpose–Theaimofthis paper is to analyse the spillover effects of microcredit on the economy of Ecuador, with a particular focus on its potential as a poverty alleviation mechanism. Design/methodology/approach– To address our research questions, we take into account the distance between cantons (Ecuador’s own administrative distribution) by adopting a spatial autoregressive (SAR) model. To this end, a database will be constructed with macroeconomic information about the country, broken down by canton (administrative division of Ecuador), and in a 2019 cross section, with a total of 1,331 microcredit operations in all 221 of Ecuador’s cantons. Findings– We find a positive effect of microcredit on these neighbouring regions in terms of wealth generation. Research limitations/implications– We acknowledge that this study is limited to Ecuadorian cantons. Nonetheless, it is crucial to emphasize thatfocussingon anunder-representeddevelopingcountry likeEcuador adds significant value to the research. Practical implications– Facilitating access to microcredit is one of the main solutions to address the goals proposed in the sustainable development goals (SDGs). Social implications– Microcredit activity contributes to the creation of value and wealth in Ecuador, exerting a spillover effect in neighbouring areas that can generate positive multiplier effects and alleviate poverty. For all of the abovereasons,our proposalforthe countryistosupportandpromotemicrocredit asone of the main solutions to address the goals proposed in the SDGs. Originality/value– The novelty of this study lies in the use of spatial econometrics to observe the indirect effects of microcredit on the regions bordering the canton in which it was issued, thus examining the spatial effects of microcredit on wealth distribution.
PB Emerald publishing
YR 2024
FD 2024-03-21
LK https://hdl.handle.net/10433/21487
UL https://hdl.handle.net/10433/21487
LA en
NO Ordóñez Vizcaíno, C. F., Téllez Valle, C., & Giráldez Puig, P. (2024). Spillover effects of microcredit on the GDP of surrounding cantons in Ecuador. Journal of Strategy and Management.
NO Proyectos de investigaciónResearch project Ref. PID 2021-128420OB-I00 funded by MCIN/AEI/10.13039/501100011033 and by “ERDF A way of making Europe”Research project funded by Consejerıa de Universidad, Investigacion e Innovacion (Junta de Andalucia, PAIDI 2021) Ref. “ProyExcel_00934”.
NO Departamento de Economía Financiera y Contabilidad
DS RIO
RD May 9, 2026