Knowledge related metrics as predictors of spatial divergences in the prices of personal consumer loansan international and interregional view.

  1. José María Barrutia Legarreta
  2. Carmen Etxebarria Miguel
Libro:
XX Encuentro de Profesores Universitarios de Marketing [Recurso electrónico]: Universidad de Las Palmas de Gran Canaria, 17-18-19 de septiembre de 2008

Editorial: Escuela Superior de Gestión Comercial y Marketing, ESIC

ISBN: 978-84-7356-565-3

Año de publicación: 2008

Páginas: 50

Congreso: Encuentro de Profesores Universitarios de Marketing (20. 2008. Las Palmas de Gran Canaria)

Tipo: Aportación congreso

Resumen

The objective is to explain geographical divergences in Interest Rates on Personal Loans to Households (IRPLH) using aggregated consumer knowledge-related metrics as predictors. We quantitatively test our approach in countries in the Eurozone and in the Italian and Spanish regions. Social Capital and Learning explain between 69% and 84% of variance in household loan market prices at an international and interregional level. But, interestingly, Social Capital is the main predictor at an interregional level and vive versa.