چکیده:
People’s business credit program (KUR) has been launched to alleviate poverty through provision of micro financing to micro entrepreneurs in Indonesia This study aims to estimate the impact of KUR program using cross-sectional data and propensity score matching technique (PSM). The survey was conducted on 332 household entrepreneurs، consisting of 155 KUR receivers and 177 non-KUR receivers. Results show that KUR has impacts on increasing profits، total revenues، number of employees، and asset ownerships. KUR program also has impacted on reduction of food spending share. As such، KUR can play an important role to alleviate poverty and unemployment.
خلاصه ماشینی:
An Impact Estimator Using Propensity Score Matching: People’s Business Credit Program to Micro Entrepreneurs in Indonesia Farida Farida*1, Hermanto Siregar2, Nunung Nuryartono3, Eka Intan K.
P4 Received: 2016/04/20 Accepted: 2016/07/25 Abstract eople’s business credit program (KUR) has been launched to alleviatepoverty through provision of micro financing to micro entrepreneurs in Indonesia This study aims to estimate the impact of KUR program using cross-sectional data and propensity score matching technique (PSM).
In Pakistan, Noreen, Imran, Zaheer, & Saif (2011) examined on the impact of microfinance in reducing poverty by measuring the levels of child education, housing, food resilience, household spending and household assets.
To measure the impact using PSM approach, The ATT developed by Diro & Regasa (2014) is applied on the outcome variables, such as working capital, sales, profit, savings, side income, total revenue, food expenditure, employment, house conditions and asset ownership condition.
23 Unmatched = before matching, ATT = Average treatment on the treated On Table 4, the impact of KUR on working capital before matching has a difference of IDR 1.
76* ***significant 1%, ** significant 5% dan * significant 10% Unmatch = before matching, ATT = Average treatment on the treated The results of Table 6 show the impact of KUR with 1% significance level is on the share of food expenditure.
The profit difference after matching was IDR 179, 560, where the profit of treatment group was IDR 740,439 and the control group’s was IDR 560,879; which means that KUR had an impact on improving the profit of micro entrepreneurs by 32% compared to those without it.