Efficiency Analysis of Microfinance Institutions in Mahasarakham Province
Keywords:
Operational Efficiency, Microfinance InstitutionsAbstract
The purpose of this research was to study the efficiency of microfinance
institutions (MFIs) in Mahasarahkam Province. There were 19 microfinance institutions in
the sample. Data were analyzed by Data Envelopment Analysis : DEA, under Variable
Return to Scale. The result showed that all types of MFIs had higher efficiency scores.
Mega-sized MFIs had higher efficiency scores of 80.00%, large-sized MFIs had higher
efficiency scores of 25.00%, and Medium-sized MFIs had higher efficiency scores of
100%, the average efficiency scores under Variable Return to Scale was 0.8156. The
findings also showed that 12 MFIs had Decreasing Return to Scale : DRS. This implied
that outputs increase by less than proportional change in inputs.
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Credit Union Cooperative of Thailand. (2016). Credit Union Cooperative Movement in Thailand and the International Credit Union Movement. [Online] http :://www.cultthai.coop/cultthai/index.php/2017-05-24-02-43-05/2017-05-24-02-44- 15 [9 December 2016] [In Thai]
Farrell, M.J. (1957). “The Measurement of Productive Efficiency”. Journal of the RoyalStatistical Society, 120, 253-290.
Haq, M,. Skully,M,.Pathan,S. (2009). “Efficiency of Microfinance Institution : A Data
Envelopment Analysis”. Asia-Pacific Financial Markets,1-39
Hassan,M.K and Sanchez. (2009). Efficiency analysis of Microfinance Institution in developing Countries. Network Financial Institute.WP-12.
Kan Leewattanayingyong. (2009). Research and development of commercial lawn mowers for commercial purposes. Pidsanulok : Naresuan University. [In Thai]
Kittichai Nualthong. (2008). Antecendent and Outcome of the Transformation of Village
Funds into Community Banks in Northeastern Thailand. Ph.D. Thesis, Suan Sunandha Rajabhat University. [In Thai]
Krit Phetpadub. (2010). Measurement of cost efficiency in credit union cooperatives in southern Thailand. Master of Economics Thesis (Economics), Chiang Mai
University. [In Thai]
Muhammad Yunus. (2012). Creating a World without Poverty. From “Creating a World Without Poverty” Translator by Sarinee Achavanuntakul. Bangkok : Matichon.
Office of the National Economic and Social Development Board. (2011). Social and Quality of Life Database System. [Online] http : //social.nesdb.go.th/social/ [10
December 2011] [In Thai]
Office of The National Economics and Social Development Board. (2014). The direction of the 12th National Economic and Social Development Plan (2017-2021).
Bangkok : Office of The National Economics and Social Development Board. [InThai]
Somkit Keawtip and Krisda Bhackdee. (2012). The Analyses of Efficiency and Factors Affecting Efficiency of Agricultural Cooperatives in Upper Northern Thailand.
Chiang Mai : Maejo University. [In Thai]
Sompoch Wanyaseve. (2006). Banking Finance Guide for Thai Bankers. Bangkok : Thai
Institute of Banking and Finance Education Association. [In Thai]
Surachai Kungwon. (2009) Appropriate management of community financial institutions. Chiang Mai : Maejo University. [In Thai]
Tahir, I.M and Tahrim, S,N.C. (2013). “Efficiency analysis of Microfinance Institution in ASEAN : A DEA approach”. Business Management Dynamics, 3 (4), 13-23. [In Thai]
Triki, M,W. (2013). “The efficiency scores of Microfinance Institution in Africa and MENA region”. Researchjournali’s Journal of Finance, 1 (1), 1-17. [In Thai]
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Published
2018-12-31
How to Cite
Leamvijarn, A. P. D. S. (2018). Efficiency Analysis of Microfinance Institutions in Mahasarakham Province. Journal of Research and Development Institute Rajabhat Maha Sarakham University, 5(2), 227–240. Retrieved from https://so03.tci-thaijo.org/index.php/rdirmu/article/view/210516
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