An econometric model of the profitability: CMAC Arequipa Case. 2002-2016
DOI:
https://doi.org/10.15381/pc.v25i1.18475Keywords:
Profitability, microfinance, direct credits; risk, growth, managementAbstract
The present research work aims to know the impact of variables: direct credits, the inflation rate and the annual variation of real PBI expressed as a dummy variable, on profitability (ROA y ROE) of the CMAC: Arequipa during the period 2002-2016. For this inconvenient, we will get the statistic information from secondary sources. Globally, both models are significant; but, the Durbin-Watson of the ROA is highest as regards the of the ROE approaching the value of 2. By applying the econometric model with a lag in terms of specific determinants of the CMAC Arequipa profitability; return on assets (ROA) and return on heritage (ROE), direct credits are significant and at the same time have a negative effect on profitability for both.
JEL: B30, C30, G21.
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Copyright (c) 2020 Edwin Alberto Bazán Díaz
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