An econometric model of the profitability: CMAC Arequipa Case. 2002-2016

• Autor: Bazán Díaz, Edwin Alberto
• Formato: artículo
• Fecha de Publicación: 2020
• Institución: Universidad Nacional Mayor de San Marcos
• Repositorio: Revista UNMSM - Pensamiento crítico
• Lenguaje: español
• OAI Identifier: oai:ojs.csi.unmsm:article/18475
• Enlace del recurso: https://revistasinvestigacion.unmsm.edu.pe/index.php/econo/article/view/18475
• Nivel de acceso: acceso abierto
• Materia: Profitability; microfinance; direct credits; risk; growth; management; Rentabilidad; microfinanzas; créditos directos; riesgo; crecimiento; gestión

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.